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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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New lead bidder emerges for Furniture Brands

2013-10-03 03:07:24| Furniture - Topix.net

U.S. Bankruptcy Judge Christopher Sontchi also approved KPS as a replacement for debtor-in-possession financing in the Chapter 11 bankruptcy case, according to Furniture Today.

Tags: lead brands furniture bidder

 
 

Hooker Furniture Corp. Downgraded by Zacks to "Underperform"

2013-10-02 04:16:30| Furniture - Topix.net

They currently have a $14.20 price target on the stock. Zacks ' price target would suggest a potential downside of 5.14% from the stock's previous close.

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Tombigbee EPA, other utilities owed nearly $600K by Furniture Brands

2013-10-02 00:11:45| Furniture - Topix.net

Tombigbee Electric Power Association and other utility providers in Northeast Mississippi are owned hundreds of thousands of dollars by Furniture Brands International , the parent of Lane Furniture Industries .

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Sunbrella Fabrics in Indigo Featured During Furniture Market at Miles Talbott

2013-10-01 17:09:37| Glen Raven, Inc.

Indigo-dyed fabrics have endured through the ages and continue to attract a loyal following as reflected on fashion runways and during the upcoming High Point Furniture Market. Home décor authority Joe Ruggiero has created a master bedroom using Sunbrella fabrics with a classic Indigo-dyed styling that will debut during market week Oct. 19-24 within the(...)

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