TITLE

Investors buy Schnadig

AUTHOR(S)
Evans, Gary
PUB. DATE
January 2008
SOURCE
Furniture/Today;1/21/2008, Vol. 32 Issue 20, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
28680856

 

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