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Monday, November 28, 2011
manroland AG files for Insolvency: manroland AG today filed a petition to initiate insolvency proceedings with the jurisdictional district court at Augsburg, after the negotiations with a potential investor have failed on the home stretch. At the same time the company has filed a request for self-administration in order to finalize the on-going restructuring efforts. The provisional insolvency administrator Werner Schneider will in due course examine the situation at manroland, in order to obtain a comprehensive picture of the si
