Ace Hardware finds $154M accounting shortfall
Ace Hardware finds $154M accounting shortfall
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Ace Hardware Corp. discovered an approximately $154 million shortfall on its books while preparing to convert from a retailer-owned cooperative to a for-profit corporation and may have to forego returning profits to store owners this year as a result, President and Chief Executive Ray Griffith said today. |
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News entry number 863 added on Sep 6, 2007 in the Business News category.
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