Levitz, Seaman owner likely to get Furniture.com assets

Carroll, Brain
October 2001
Furniture/Today;10/1/2001, Vol. 26 Issue 3, p20
Trade Publication
Reports the asset purchase agreement of Furniture.com with retailers Levitz and Seaman Furniture in the United States. Failure of $1.5 million bidding of the Furniture Acquisition; Conditions of the court for the sale of assets; Percentage of cash deposits required by the court.


Related Articles

  • Levitz, Seaman Seek Strength From Weakness.  // Mergers & Acquisitions: The Dealermaker's Journal;Jun2000, Vol. 35 Issue 6, p17 

    Reports the alliance between Levitz Furniture Inc. and Seaman Furniture Co. in the United States. Factors leading the companies to merge; Creation of Levitz Home Furnishing Inc. as the result of the merger; Location coverage of the companies; Implications for the furniture retailing industry.

  • Levitz-Seaman's deal on. Engel, Clint // Furniture/Today;08/14/2000, Vol. 24 Issue 48, p1 

    Focuses on the resumption of the merger deal for national furniture chains Levitz and Seaman in the United States. Settlement of the shareholders at Seaman with majority owner Resurgence Asset Management; Plan for the takeover of Levitz's East Coast stores; Agreement on the separate management...

  • Levitz to consolidate Midvale, SL operations.  // Enterprise/Salt Lake City;4/3/95, Vol. 24 Issue 40, p9 

    Reports that Levitz Furniture Inc. will consolidate operations at its Salt Lake facility in Utah.

  • Levitz shops for a new agency. Osterman, Jim; McMains, Andrew // Adweek Midwest Edition;03/22/99, Vol. 40 Issue 12, p42 

    Reports on Levitz Furniture Inc.'s launch of an agency search to handle its advertising account. Levitz's efforts to rebuild its image as it emerges from Chapter 11 bankruptcy protection in 1999; Deadline for submission of proposals.

  • Warehouses head south on the N.J. Turnpike. Boss, Shira J. // Crain's New York Business;01/15/2001, Vol. 17 Issue 3, p30 

    Reports on the creation of distribution centers of Seaman Furniture Co. in New Jersey. Priority of low rents over proximity to the city; Advantages of constructing distribution centers on the New Jersey Turnpike; Importance of a less crowded place on saving time.

  • Going private.  // Crain's New York Business;07/14/97, Vol. 13 Issue 28, p30 

    Reports on an increase in Seaman Furniture Company's stock. Reason for this increase; When did the company file Chapter 11 bankruptcy.

  • Seaman goes private to polish its finances. Temes, Judy // Crain's New York Business;07/21/97, Vol. 13 Issue 29, p3 

    Reports on a $21.7 million deal by the Seaman Furniture Company, which includes the purchase of all of its publicly traded shares to become a private company. Background information on Seaman Furniture; Comments from Peter McGeough, chief financial officer of Seaman; Speculation on the real...

  • Deal revised.  // Crain's New York Business;08/18/97, Vol. 13 Issue 33, p26 

    Reports that the majority stockholders of Seaman Furniture Company plan to purchase the 20 percent of the company they do not already own through SFC Merger Company. Reference to the price of the shares.

  • Bozic joins Levitz as chairman, CEO.  // WWD: Women's Wear Daily;11/3/1995, Vol. 170 Issue 84, p10 

    Cites Michael Bozic's appointment as chairman and chief executive officer of Levitz Furniture Inc. Role as former president and chief executive of Hills Stores Co.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics