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Springs Industries Pursues Take Private Move in SC
Springs Industries Inc a South Carolina textile firm could leave public trading as a strategic shift. The Close family descendants who control the company proposed a bid above 787 million to take Springs private at 44 dollars a share and assume 372 million of the companys debt with Heartland Industrial Partners Greenwich Conn backing the deal.
MENTIONED IN THIS ARTICLE
Pany
Columbia
South
Carolina Springs Industries Inc
Counies
Springs
Heartland Industrial Partners
Greenwich, Conn
Invest
Ment Company