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GRANT TOWNSHIP, Mich. (AP): A bank that made a construction loan to the bankrupt Double JJ Ranch and Resort has placed the winning $8.65 million bid for the bulk of the 1,200-acre western Michigan property.
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Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the busy holiday shopping season approaches. It filed under Chapter 11 of the bankruptcy code, which will allow it to hold off creditors and continue operations while it develops a reorganization plan. The Richmond, Va.-based company ...
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