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Syms Gets OK to Sell Miami Property for 4.4 Million

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Syms Corp., the bankrupt discount clothing chain, and its Filene's Basement LLC unit won court approval to sell a Miami property for $4.35 million, Bloomberg News reported yesterday. Bankruptcy Judge Kevin J. Carey yesterday gave the company permission to sell the assets to Florida-based Independent Living Systems LLC, the initial bidder for the property. No other offers surfaced to compete with Independent Living.