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2. AbitibiBowater
2. AbitibiBowater
Fortune 500 rank: 472
2009 revenue: $4.4 billion
2009 total shareholder return: -76.6%

Newspapers weren't the only ones to suffer from the problems facing print media -- AbitibiBowater, a newsprint maker, was another casualty. As publications cut back on pages, AbitibiBowater's earnings fell.

Cost-cutting measures such as mass layoffs and plant closures weren't enough to salvage the company: it filed for Chapter 11 in April 2009, citing its multi-billion dollar debt load.

NEXT: 3. YRC Worldwide

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Last updated April 15 2010: 7:08 AM ET
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