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HALO files for Chapter 11

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Niles, Ill.-- HALO Industries Inc. said Monday that it has filed for protection under Chapter 11 of the Federal Bankruptcy Code. Niles, Ill.-based HALO is the No. 1 provider of promotional products used in direct marketing. HALO purchased Internet start-up starbelly.com two years ago and has been hampered by debt from the once-promising acquisition.
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