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TONY LAMA <TLAM> TO BUY <COULSON OF TEXAS INC>
Tony Lama Co Inc said it signed
a letter of intent to buy Coulson of Texas Inc, a maker of
heels and leather components.
The company said exact terms of the deal have not been
determined but that it does not expect the acquisition to have
a material effect on its financial position.
In addition to buying substantially of all Coulson's
assets, Tony Lama said it would assume certain of the company's
liabilities.