CPI Corp. files for bankruptcy

Published May 2, 2013 3:07pm ET



ST. LOUIS (AP) — CPI Corp., a St. Louis-based operator of more than 2,000 U.S. portrait studios that abruptly closed its outlets last month, has filed for bankruptcy.

CPI listed $10.4 million in assets and $135 million in debt in a filing on Wednesday in Delaware.

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