99 Cents Only Stores(R) Announces Appointment of Special Committee to Consider Dispos

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    99 Cents Only Stores(R) Announces Appointment of Special Committee to Consider Dispos

    (PR-inside.com) http://www.99only.com - As announced on September 17, 2008, 99 Cents Only Stores (the 'Company') (NYSE:NDN) is exiting the Company's Texas market. The Company's exit plan anticipates that it would cease all operations and complete the sale of its assets within one year. In response to a proposal by the Company's Chairman, Dave Gold, to acquire the Company's Texas operations, the Company's Board of Directors has formed a special committee of independent board members to consider this proposal as well as other alternatives for accomplishing the Company's exit plan. The Company has temporarily suspended its wind down process to enable its ..

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