Before it had closed a deal to buy Burlington Industries, New York-based WL Ross & Co. offered to buy another Greensboro textile company, denim maker Cone Mills.

PositionTriad - Brief Article

GREENSBORO -- Before it had closed a deal to buy Burlington Industries, New York-based WL Ross & Co. offered to buy another Greensboro textile company, denim maker Cone Mills. Ross' bid of $90 million was approved by Cone's board. Cone lost 15 cents a...

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