Stadium Management Corp. filed for federal bankruptcy...
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Stadium Management Corp. filed for federal bankruptcy protection, stalling the planned auction of Sullivan Stadium, home of the New England Patriots, the team’s attorney said.
The 61,000-seat stadium in Foxboro, Mass., was to be auctioned off Tuesday by the Connecticut Bank and Trust Co., which holds a $9 million second mortgage on the facility. The stadium auction was postponed to April 5.
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