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Wesray Capital bought the business in 1986, and sold it to the Simmons employee stock ownership plan in 1989. [9] Merrill Lynch Capital Partners obtained a majority interest in Simmons in 1991, [7] [9] and sold to Investcorp in about 1996. Fenway Partners bought the company about two years later, then sold to Thomas H. Lee Partners in 2003. [9]
In the mid-1990s, Boyles Furniture bought 65 acres near Furnitureland South. Boyles chief operating officer Rick Grant said, "We knew when we bought the land that our vision was to make this a furniture destination." [2] Boyles only needed eight acres for its store, which it moved from downtown, which the company believed was not doing well ...
As previously noted, less wood is needed to produce a given finished size than when standards called for the green lumber to be the full nominal dimension. However, even the dimensions for finished lumber of a given nominal size have changed over time. In 1910, a typical finished 1-inch (25 mm) board was 13 ⁄ 16 in (21 mm). In 1928, that was ...
Kate_Sept2004 / Getty Images There’s really nothing better than receiving a little extra spending money during the holidays, which is why gift cards were the #1 item our readers plan to put in ...
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