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Opera Boston to close

Opera Boston is closing down. With no advance warning that the city’s second-largest opera company was in trouble, board chair Winifred P. Gray and board president Gregory E. Bulger issued a statement this morning that Opera Boston faces “an insurmountable budget deficit’’ and will cease operations on Jan. 1, 2012. The announcement cited “lackluster fundraising in a tough economic climate’’ as the main reason for the closure. The staff was notified yesterday.

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