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AbitibiBowater Files for Bankruptcy

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AbitibiBowater Inc. announced that it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions in the United States under Chapter 11 of the United States Bankruptcy Code. As well, AbitibiBowater and certain of its Canadian subsidiaries will seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada. AbitibiBowater's subsidiaries located outside the United States and...