TITLE

Quad-C withdraws bid to buy CFC International

PUB. DATE
April 2006
SOURCE
Furniture/Today;4/17/2006, Vol. 30 Issue 32, p100
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Quad-C Management Co. has terminated a buyout agreement with CFC International after its financial backer withdrew from the arrangement. The company reported that Quad-C was not able to procure alternate financing and both parties decided to terminate the agreement and pay their own expenses. The financial backer withdrew after Visa International said that card manufacturers to stop issuing Visa cards that contain holographic magnetic that CFC produced.
ACCESSION #
20529708

 

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