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* Just for Feet, known for its flashy, earsplitting shoe stores, filed to reorganize under Chapter 11 bankruptcy protection one day after it missed an $11-million interest payment on about $200 million in bond debt and less than a week after it said it will close 85 specialty shops. Just for Feet shares closed off 13 cents at $1.25 on Nasdaq. The stock sold for as much as $23.63 a share during the last year.
* Barnes & Noble Inc. said it bought a 49% stake in closely held vanity printer IUniverse.com of Campbell, Calif. The investment, whose terms were not disclosed, marks Barnes & Noble’s first in a publishing company. IUniverse.com publishes new books and books that had previously gone out of print. The books are paperback, and are sold in stores or through online booksellers.
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