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On Tuesday, UBS analyst Robert N. Ashcroft said hefty competition and higher fuel costs make it likely that the company will file for Chapter 11 bankruptcy protection ahead of its January rent payment, which he estimates at $60 million to $70 million.
If higher fuel prices continue, Ashcroft said annual costs would be $100 million higher than the company's current business model suggests.
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300 mill flyr fort ut av lommeboken, de ......