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JEMB Realty buying Daffy's out of bankruptcy

from CBS News

JEMB Realty Corp.is buying Daffy's Inc., one day after the privately held off-price retailer filed for bankruptcy protection. Financial terms were not disclosed. Daffy's filed for Chapter 11 bankruptcy protection on Wednesday in New York. The news follows the bankruptcy filings of rival chains Syms Corp. and its subsidiary Filene's Basement LLC in November. more


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