Peanut Corp. Files for Bankruptcy

By Harry Kimball,  Newser Staff
Posted Feb 13, 2009 2:53 PM CST
Peanut Corp. Files for Bankruptcy
Rep. Bart Stupak watches as Rep. Greg Walden holds up a container of food items that were recalled due to the recent salmonella outbreak.   (AP Photo)

The latest victim of the nationwide salmonella outbreak is the Peanut Corporation of America, which filed for Chapter 7 bankruptcy today, the Lynchburg News & Advance reports. “Given the events of the past month, including the broad-based recalls, the company has no alternative but to cease operations,” a lawyer for the scandal-plagued firm said. (More Peanut Corporation of America stories.)

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