Business Services Industry
Town & Country reports on status of Class Rings
Business Wire, Sept 12, 1996
CHELSEA, Mass.--(BUSINESS WIRE)--Sept. 12, 1996-- Town & Country Corporation (AMEX:TNC) reported today that the parties to the pending transaction involving the Company, CJC Holdings, Inc., and Castle Harlan Partners II, L.P., have reached an agreement with the staff of the Federal Trade Commission by which the original terms and conditions of the transaction, announced in May, have been modified.
Details of the new arrangement will be announced upon final FTC approval.
The Company reported in May that it had entered into an agreement with Class Rings, Inc., a new company formed by Castle Harlan Partners II, L.P. Pursuant to that agreement, the class ring operations of CJC Holdings and Town & Country would be combined to form Class Rings, Inc.
The proposed transaction is subject to financing.
Town & Country Corporation is an international manufacturer of fine jewelry, scholastic and educational products, with facilities in Kentucky, Massachusetts, New York, Texas, Hong Kong, and Bangkok, Thailand. Town & Country currently has approximately 2,500 employees worldwide.
CONTACT: Town & Country
Irene Shea, 617/884-8500
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express