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Let's make a deal - preplanned bankruptcy for the Texas Rangers.

Tue, 25 May 2010

According to the Houston Business Journal and the Houston Chronicle on May 24, 2010, the Texas Rangers filed a Chapter 11 bankruptcy reorganization petition today in order to sell the baseball club for about $575 million, and pay its creditors. Now, will this bankruptcy remain on their credit report for ten years, and ruin their credit ;-) ?  read more>> and more>>

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