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Published on 4/18/2007 in the Prospect News High Yield Daily.

Gregg Appliances to launch tender offer for 9% notes

By Laura Lutz

Des Moines, April 18 - Gregg Appliances, Inc. plans to conduct a tender offer and consent solicitation for all of its outstanding 9% senior notes due 2013.

The tender offer will be made in connection with the public offering hhgregg, Inc.'s common stock. Immediately after hhgregg's registration statement becomes effective, hhgregg will become Gregg's parent company in a corporate reorganization.

Indianapolis-based Gregg sells consumer electronics, home appliances, mattresses and related services, operating under the hhgregg and Fine Lines brands.


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