May 4, 2001
Court Divides Up a Bankrupt Chain of College Bookstores
A Kentucky court is carving up the remains of Wallace's Bookstores, which until recently was the country's third-largest operator of college bookstores. Other major bookstore companies are buying up inventory and negotiating deals with the former customers of Wallace's, which filed for bankruptcy in February.
U.S. Bankruptcy Court Judge William S. Howard gave preliminary approval in April to the sale of Wallace's assets at bookstores that it had managed on 30 college campuses. In most
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