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Lane Furniture back in play with latest bids … 1,400 jobs could still be saved

By Dennis Seid Furniture Brands International will be in bankruptcy court in Delaware on Wednesday, as a judge will consider several motions. Among them: Oaktree Capital Management‘s larger bid for the company and its assets – including Lane. After filing for Chapter 11 bankruptcy protection on Sept. 9, Furniture Brands had said it favored a bid by Oaktree for $166 million, ...

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