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Guitar Center Files for Chapter 11 Bankruptcy

November 22nd, 2020

Via: MarketWatch:

Guitar Center Inc. filed for bankruptcy Saturday, as the coronavirus pandemic continues to batter the retail industry.

The retail chain, the largest seller of musical equipment in the U.S., said Saturday it was filing for Chapter 11 bankruptcy protection, and plans to keep its nearly 300 U.S. stores open during the process.

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