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Auto Centers Ordered to Stay Open at Kmart

April 07, 2002|From Times Wire Reports

A bankruptcy court in Troy issued a temporary restraining order requiring Penske Auto Centers to continue operating service centers at Kmart Corp. locations in 44 states, the discount retailer said.

The order was issued the same day Penske Auto Centers LLC planned to close 563 centers at Kmarts. U.S. Bankruptcy Judge Susan Pierson Sonderby's order prohibits Penske from taking any action to close or liquidate the centers.

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