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Retailing

September 22, 1993|From Times Staff and Wire Reports

Speedo Maker to Buy Cole, Catalina: Authentic Fitness Corp., a Van Nuys-based apparel maker whose products include Speedo swimwear, said it has agreed to buy the two swimwear lines from Taren Holdings Inc., a privately held Los Angeles company that filed for Bankruptcy Court protection a month ago. The price was not disclosed. The purchase would also include Taren's Colonial unit, which makes private-label apparel. Authentic Fitness said it expects to complete the deal within two weeks. Taren is controlled by the New York investment firm Odyssey Partners.

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