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million from a single investor onMay 8. Proceedsx will be used for opening 15 restaurants in eight restaurantsin Columbus, Ohio, and two more in said Jack Shute, CFO of The companty already has seven sites open in Tampza but declined to pinpoint the new Shute also declined to identify the big bucks who picked up a combination of equity and debt in the a filing with the shows. TFG has the rights to buil d 86stores — 50 in Houston, 20 in Columbus and 16 in The company’s chairman and CEO is Bob Dorfman, a formere executive. TFG board member Chris Lewis, former CFO and VP of globalk business unitsfor (NYSE: JBL), recruitefd Shute, also a formef Jabil executive.
— Margir Manning HOME SHOPPING GIANT? For several decades, has competes heavily with QVC in the homeshopping arena. But could both companies soon beworking together? Last week, QVC owner bought 1.9 million sharea of HSN for roughlh $8.7 million, increasing its stake in the St. Petersbur g company to 32.8 percent. Barron’s suspects Liberty could move for a full takeovet ofHSN (Nasdaq: as early as summer 2010 when an agreementg preventing such a takeover expires. HSN spun off from Barry Diller’sa IAC/ (Nasdaq: IACI) last August. Shares hit a low of $1.44 on Dec. 8 but bouncex back to trade at $7.52 a month later. Since then, HSN is up, closingt at $10.
49 May 21, its high since closing at $10.043 on Oct. 7. — Michaelp Hinman MARKET READY: When residential real estate is down, remodeling and home improvement canbe up. Now, painting and decoratinhg contractors are coating their annual trade show with seminars in step with a down The Florida Chapter of Painting and Decoratingt Contractors of America is offering free refreshments and no chargre to access as many as 50 vendorsz at theJune 6. Seminars are scheduledx to focus on makingquality estimates, using greejn products and coatings, and PDCA standardse that the trade groulp says saves members thousands of dollars in the biddingt process.
— Alexis Muellner
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