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MEC to be sold to US company

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VANCOUVER, BC, Sept. 14, 2020 /CNW/ - Mountain Equipment Co-op (MEC) Board of Directors (the "Board") announced its unanimous support for an agreement with LosAngeles-based Kingswood Capital Management, LP ("Kingswood"), whereby Kingswood will acquire substantially all of MEC's assets through the Companies' Creditors Arrangement Act ("CCAA") and...
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