Quaker Fabrics to Be Sold to Italian Firm
From United Press International
FALL RIVER, Mass. — Troubled Quaker Fabrics Corp. has agreed to be bought by a giant Italian holding company for $20.5 million, the company said.
The prospective buyer of the upholstery fabric maker is Unione Manifatture S.p.A., based in Milan. The deal probably will be completed by September, possibly sooner.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
