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Gottschalks granted court OK of $1.5 million Antioch property sale
By Caroline Salls
Pittsburgh, Sept. 28 - Gottschalks, Inc. received court approval of the $1.5 million sale of its Antioch, Calif., property to NKT Development, LLC, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.
The property was among assets that remained unsold after the company's May 28 auction.
Gottschalks, a Fresno, Calif.-based regional department store chain, filed for bankruptcy on Jan. 13, 2009. Its Chapter 11 case number is 09-10157.
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