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O'Fallon Brewery files for bankruptcy

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St. Louis-area business O’Fallon Brewery has filed for Chapter 11 bankruptcy protection.

The company's cash flow has not returned to pre-pandemic levels, and interest rates have more than doubled in the past ninth months, officials said.

The company listed assets of $1 million to $10 million and liabilities in the same range.

Read more from the St. Louis Business Journal.

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