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Supermarket chain files Chapter 11
Struggling Marsh Supermarkets is looking for a buyer, but it doesn’t have all that much time. The 86-year-old grocery store chain on Thursday filed for Chapter 11 bankruptcy protection, and said it is seeking a buyer for all or part of its business. The company’s 44 locations will continue normal operations throughout the process. But the stores will be shuttered if the company does not find a buyer within 60 days.