Bon-Ton pumps up its base. (department store chain's acquisitions) From: WWD | Date: September 29, 1994| Author: Pogoda, Dianne M. | COPYRIGHT 1994 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The Bon-Ton department store chain has purchased stores from other chains, almost doubling its size within a few months. Bon-Ton bought the ten Adam, Meldrum & Anderson (AM&A) stores in Buffalo, NY, and 20 of Hess' Department Stores units in Pennsylvania and New Jersey. Bon-Ton paid $2.1 million for AM&A, but assumed $40.6 million in the firm's debt. The Hess units cost $60 million. All the stores will eventually be integrated and run as Bon-Ton stores, which has been building infrastructure ...

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