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BRIEFCASE EARL SCHEIB SALE MOVING FORWARD.


Byline: - Daily News

SHERMAN OAKS - Earl Scheib Earl Scheib is a company that specializes in repainting and collision repair of automobiles, with locations in 23 states in the US. Company History
Founded by Earl Scheib (1908-1992) in Los Angeles in 1937 the company grew quickly following World War II and by 1975 had
 Inc. on Monday approved the extension of the contingency contingency n. an event that might not occur.  period for a private real estate investment firm to complete its due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  investigation of the company from Aug. 3 to Aug. 21.

The auto paint and body company announced in May that it planned to sell to Elden Holding Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Elden plans to acquire all of Scheib's issued and outstanding capital stock for about $15 million, plus assumption of other costs estimated at more than $2 million.

The transaction remains subject to regulatory and shareholder approvals.
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Jul 27, 2004
Words:94
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