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Modell’s Last-Ditch Crowdfunding Hail Mary Couldn’t Stave Off Chapter 11

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If you “gotta go to Mo’s,” you’d better make it quick. Just weeks after the ailing retailer launched a last-gasp effort to crowdsource new investors in hopes of selling a minority stake, Modell’s Sporting Goods filed a voluntary Chapter 11 petition for bankruptcy court protection Wednesday with plans to liquidate the company and close all…

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