99 Cents Only Stores Engages Houlihan Lokey Howard & Zukin to Advise on Sale of Universal Subsidiary.Business Editors CITY OF COMMERCE, Calif.--(BUSINESS WIRE)--April 19, 2000 99 Cents Only Stores(R) (NYSE NYSE See: New York Stock Exchange :NDN NDN Indian NDN Naples Daily News (Daily news paper in Naples Florida) NDN Non Delivery Notification NDN National Data Network NDN Necdin NDN New Democratic Network NDN Next Door Neighbor NDN Nevada Donor Network ) today announced that it had retained Houlihan Lokey Howard & Zukin Capital to sell its Universal subsidiary, which operates a multi-price point discount chain, with 65 stores located in the Midwest, Texas and upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. , under the trade names Only Deals and Odd's-N-End's. The sale of Universal was previously announced by 99 Cents Only Stores(R) on March 8, 2000. Founded more than 30 years ago, Houlihan Lokey Howard & Zukin is an international investment bank providing a wide range of services, including mergers and acquisitions, private placements of debt and equity capital, business and securities valuations, financial opinions, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support, financial restructuring and merchant banking services. In 1999, the firm served more than 1,100 clients from its 10 offices across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Asia. For further information, contact Jonathan Howe at 310/712-6554 or jhowe@hlhz.com. 99 Cents Only Stores(R) is the nation's oldest existing one-price retailer. 99 Cents Only Stores(R) emphasizes name-brand consumables at an excellent value, in clean, attractively merchandised stores. The company's New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. symbol is NDN. Note to Editors: 99 Cents Only Stores(R) news releases available on the World Wide Web at http://www.businesswire.com/cnn/ndn.htm or via fax by calling 888/835-0099 toll free. |
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