Furnishings 2000 Strikes Deal with GF: Furnishings...
Furnishings 2000 Strikes Deal with GF: Furnishings 2000 Inc. said it has reached an agreement that will give GF Holdings Inc. 62% ownership of the San Diego-based home furnishings retailer and control of its board of directors. The agreement also calls for $10 million to be invested in Furnishings 2000, which operates stories in San Diego, Sacramento, San Francisco and Los Angeles, to repay debt and for working capital. GF is the parent of Leath Furniture Inc., an Atlanta-based home furnishings retailer with locations in the Midwest and Florida.
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