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CareerBuilder + Monster files for bankruptcy

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Chicago-based CareerBuilder + Monster, which was created through last year's merger of CareerBuilder and Monster, has filed for Chapter 11 bankruptcy protection.

The company listed $50 million to $100 million in assets and $100 million to $500 million in debts in the bankruptcy petition.

The company is reportedly lining up $20 million in financing and selling assets such as its job board operations.

Read more from Reuters.

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