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April 10, 2005
WinWholesale to Buy Noland Company
Premium deal to create $2-billion national network of local companies
By Thomas P. Gale
Rare is the match made in heaven, but this deal offers the Noland family a golden exit strategy, investors a huge premium and reward for extreme patience with the stock for many years, and WinWholesale a very compatible growth platform, not to mention an immediate 40% revenue bump. Potentially, customers and employees gain a continued strong local service model with a stronger infrastructure behind it.
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