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Powerwave Technologies Files for Chapter 11

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Powerwave Technologies Inc., a maker of antennas and amplifiers for wireless communications, filed for chapter 11 protection after losing money in four of the past five years, Bloomberg News reported yesterday. The company, based in Santa Ana, Calif., listed debt of $396 million and assets of $213 million in a chapter 11 petition filed yesterday. The case is Powerwave Technologies Inc., 13-10134, U.S. Bankruptcy Court, District of Delaware (Wilmington).