February 6, 2009

STANDEX INT’L: Reports $2.9M in Liabilities for Berean Leases

COMPANIES: Standex International Corp
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Standex International Corporation has recorded liabilities of $2.9 million, net of estimated subleases, in anticipation of the impairment of leases to Berean Christian Bookstores.

The Company is a guarantor of certain assigned leases to Berean Christian Bookstores, an operation disposed of…

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LOCATIONS: New Hampshire | United States