Friday, June 1, 2007

UPDATE 1-Forzani Group says not in takeover talks

(Reuters) - Forzani said it has received such inquiries more frequently
recently, but none has resulted in a firm offer. It said there
is no assurance that such talks, if entered, will result in a
transaction.




The Calgary-based company made the statement after a
newspaper report said U.S. private equity firms Cerberus
Capital Management and Apollo Management were interested in the
retailer.


Read more at Reuters.com Mergers News

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