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KPS Capital Partners agrees to buy Furniture Brands

2013-10-04 03:05:06| Furniture - Topix.net

KPS Capital Partners, LP today announced that, through an affiliate, it has entered into an asset purchase agreement with Furniture Brands International, Inc. and certain of its wholly-owned subsidiaries under which KPS will acquire substantially all of the assets of Furniture Brands, including the company's Lane business, for $280 million.

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