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Knitting / Apparel

Pacific Coast Announces Extension Of Merger

Pacific Coast Apparel Co. Inc., Los Angeles, recently announced that the company and the principals of Jodi Kristopher Inc. have agreed to extend the closing date of their pending merger past the April 30, 1999 deadline, which was set upon the signing of the definitive merger agreement.Pacific Coast is in discussions with several financial institutions but no definite financing has been agreed upon. According to the company, there is no guarantee it will be able to arrange financing on terms acceptable to Pacific Coast and Jodi Kristopher.

June 1999