GENERAL MERCHANDISE NEWS
Land of Leather bid talks end
9 December, 2008 | by Retail Bulletin
Land of Leather has said that takeover talks with potential bidders have now been terminated.
The retailer had said earlier this month that it had received a number of unsolicited expressions of interest.
“The company now announces that early stage discussions suggested that there would be insufficient value to shareholders so talks with potential bidders have been terminated,” the group said in a statement.