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Photofinisher Files Chapter 11: Traditional Industries Inc.,...

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From Times Staff and Wire Reports

Photofinisher Files Chapter 11: Traditional Industries Inc., an Agoura Hills direct marketer of photo services and equipment, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company listed total assets of $48.5 million and liabilities of $47.9 million. The company will continue servicing existing customers but suspend new sales.

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