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Fortunoff may be sold

By Heath E. Combs -- Furniture Today, February 10, 2008

Uniondale, N.Y. — Home furnishings and jewelry specialty chain Fortunoff has filed for Chapter 11 bankruptcy protection and has agreed to be purchased by the parent company of department store chain Lord & Taylor.

The potential purchaser, an affiliate of NRDC Equity Partners called H Acquisition, has said it planned to bid on Fortunoff through a bankruptcy court-supervised sale.

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