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Restaurant operator Cosi files for bankruptcy protection

Sept 28 (Reuters) - Fast-casual restaurant chain operator Cosi Inc and its units filed for Chapter 11 bankruptcy protection on Wednesday and said it would pursue a sale. The Boston-based company, known for its homemade flat bread, has assets of $31.24 million and debt of about $20 million, according to a court filing. Cosi said it had received about $4 million in post-petition debtor-in-possession financing to maintain operations during the Chapter 11 process.
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