July 25, 2004

Yahoo! News - Gordon Brothers of Boston swallows chocolatier Laura Secord with $27.6M bid

"Fri Jul 23, 5:21 PM ET

CRAIG WONG
TORONTO (CP) - Iconic Canadian chocolate retailer Laura Secord will remain in American hands.

U.S. investment firm Gordon Brothers Group has won an auction with a bid of $27.6 million Cdn, the chocolatier's current U.S. owner, Archibald Candy Corp., said Friday. "
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"The Canadian chocolate shop, founded in 1913 and named for a Canadian heroine of the War of 1812, was put up for sale by Archibald, which has been operating under Chapter 11 proceedings since January."

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