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Widely expected to declare bankruptcy today, Linen's N Things instead decided to defer paying the interest that was due today that would have pushed it into Chapter 11. Your gift cards and the pile of 20% off coupons you use to test out new mulchers are safe...for now. [NYT]

Widely expected to declare bankruptcy today, Linen’s N Things instead decided to defer paying the interest that was due today that would have pushed it into Chapter 11. Your gift cards and the pile of 20% off coupons you use to test out new mulchers are safe…for now. [NYT]

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