INVESTORS BUY CORT.(CORT Business Services Corp.)(Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, April, 1999
CORT Business Services Corp., a leading supplier of furniture to the rent-to-rent segment, has reported that members of its management team have reached a merger agreement with an investor group that includes Bruckmann, Rosser, Sherrill & Co. and members of CORT's management team. Including the assumption of debt, the deal is valued at $453 million.
The transaction is subject to approval by the holders of a majority of the company's voting stock.
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