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Tasty Baking's Liquidity Drying Up; Landlord Defers Rent for One Month

CoStar News
January 11, 2011 | 8:55 P.M.

Tasty Baking Co. in Philadelphia reported that preliminary financial data available for its fourth quarter ended Dec. 25, 2010, indicates that as a result of certain production difficulties during the optimization of its new Philadelphia bakery the company did not achieve the expected operational cash savings from this bakery during the fourth quarter.

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