Monday, August 21, 2006

Era of Tower Records over?

FMQB reports that Tower Records announced its intent to sell the company through a process under Chapter 11 of the Bankruptcy Code. The move is subject to court approval, but it will set in motion a timeline of events that will insure the sale of the company within approximately 60 days of the filing date - by Christmas!

http://www.fmqb.com/Article.asp?id=261870

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