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Content about Corporate finance

August 20, 2008

FALL RIVER, Mass. — American Dryer Corp. (ADC) has secured capital funding up to $300 million to allow the company to strategically acquire complementary businesses.

August 4, 2008

ST. LOUIS — Angelica Corp.’s shareholders have approved a merger agreement between Angelica and a company formed by Lehman Brothers Merchant Banking. The merger agreement was approved at a special meeting of shareholders of Angelica’s outstanding shares of common stock, with more than 99% of the shares voted cast in favor of the transaction.