BestSellers Group announces increase in net worth to $9.5 million.CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla.--(BUSINESS WIRE)--Dec. 7, 1995--Douglas G. Morgan, president of BestSellers Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board:BSLR) announced the completion of a Letter of Intent for the acquisition of the Radisson Hotel in New London New London, city (1990 pop. 24,540), New London co., SE Conn., on the Thames River near its mouth on Long Island Sound; laid out 1646 by John Winthrop, inc. 1784. , Conn., for $6 million in stock and cash. With the recent acquisitions of Electronic Data Technology and Thimble thimble, n See coping. thimble, ionization chamber, n See chamber, ionization, thimble. Square Inc., the certified net worth of the company increased from $4.5 M on June 30, 1995, to $9.5 M, as of Nov. 30, 1995. Morgan advised, "Now that the company has completed its fiscal year end audit, it will file registration to trade the shares on the NASDAQ Small Cap Market Exchange." BestSellers Group Inc. is a diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a with interests in Hospitality, Music Production, Publishing, In-Flight Video Commercials for Airlines in Latin America, LED High Exposure Signage, Fashion Manufacturing and Direct Mail Marketing. CONTACT: BestSellers Group Inc., Coral Gables Douglas Morgan, 305/444-1457 |
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