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* Kmart Corp., the discount retailer that filed for bankruptcy protection in January, said it was notified by the New York Stock Exchange that its stock may be delisted within the next six months.

* A Bank of America Corp. subsidiary lost a bid to avoid $50 million in back taxes when a Tax Court judge ruled it can’t claim a tax break for two savings and loan units it acquired in the 1980s. The federal judge ruled that Bank of America’s Barnett Banks Inc. is not entitled to use the reserve method of accounting for bad debts because the Florida thrifts it purchased had obtained bank charters in order to be acquired.

* Expedia Inc. said it agreed to buy Metropolitan Travel Inc. to help expand in the corporate travel market. Terms weren’t disclosed.

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* Gourmet sandwich chain Panera Bread Co. said it signed an agreement with franchisee LA Doughmakers to open 17 cafe-bakeries in Los Angeles County beginning next year. The St. Louis-based company last month inked a deal with franchisee Mariposa Bread to open 14 outlets in the area, its first in Southern California.

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