[nafex] Stark Bros. Gone

Doreen Howard doreenh at ticon.net
Thu Jul 5 11:35:34 EDT 2001


Foster & Gallgher, parents of the MySeasons umbrella which acquired Stark
Bros. in 1999, declared bankruptcy on Monday, July 2.  The filing was for
Chapter 11, because one of the companies in the group, Walter Drake, has a
buyer.  The other companies, including Gurney's, Brecks, Henry Field, Spring
Hill and Stark, will be dismantled and sold off in pieces for revenue to
satisfy creditors.

Sigh!
Doreen Howard


 

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