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GT Advanced files for bankruptcy

Oct 6 (Reuters) - Solar and LED equipment maker GT Advanced Technologies Inc, a supplier of sapphire glass to Apple Inc, said it had filed for voluntary bankruptcy protection.

The company, whose subsidiaries also filed for bankruptcy, said it had $85 million of cash as of Sept. 29.

GT Advanced listed assets and liabilities in excess of $1 billion in its Chapter 11 petition.

The company said it was seeking debtor-in-possession financing to get access to additional funds.

(Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila)