Furniture and apparel maker Interco Inc. said...

Furniture and apparel maker Interco Inc. said its board has rejected a $190-million cash offer for its Londontown Corp. subsidiary from Burlington Coat Factory Warehouse Inc. St. Louis-based Interco said the proposal for the maker of London Fog rainwear “does not meet the board’s requirements of an assured, timely closing, and that uncertainties surrounding the Burlington proposal and the risks of any delay could harm the business of Londontown.”