Investors buy Schnadig

Evans, Gary
January 2008
Furniture/Today;1/21/2008, Vol. 32 Issue 20, p1
Trade Publication
The article reports on the acquisition of Schnadig Corp.'s stocks by an investor group headed by Robert W. Smiley Jr. in Des Plaines, Illinois. Accordingly, the new owner of Schnadig plans to retain the company's management team and board including Don Belgrad, Gordon Anderson, Jeff Katz, and Ravi Kumar. It stated that Smiley chose Schnadig because of its good reputation, seasoned management team, exceptional financial strength and visionary strategy.


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