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December 28, 1988 | From Times staff and wire reports
Furniture-and-apparel maker Interco Inc. said today that its board of directors has rejected a $190-million cash offer for its Londontown Corp. subsidiary from Burlington Coat Factory Warehouse Inc. Interco said in a statement that the proposal for the maker of London Fog rainwear "does not meet the board's requirements of an assured, timely closing, and that uncertainties surrounding the Burlington proposal and the risks of any delay could harm the business of Londontown." The St.
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