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Frank's Nursery hopes to go public. (Breaking News).(Brief Article)
Frank's Nursery & Crafts, the nation's largest chain of independent garden centers, hopes to emerge from Chapter 11 by issuing company stock, according to a disclosure statement filed in a U.S. Bankruptcy Court here. The Troy, Mich.-based specialty retailer, which filed for bankruptcy protection in February 2001, is proposing a reorganization plan that will repay its creditors with company stock.
The plan, which is …
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