FILENES BASEMENT CORP COM (fka BSMTQ)

[odiaz28]

FILENES BASEMENT CORP COM Company Overview
Filene's Basement Corp. has been operating its business as a debtor-in-possession subject to the jurisdiction of the United States Bankruptcy Court for the Eastern District of Massachusetts since filing for relief under Chapter 11 of the United States Bankruptcy Codes on August 23, 1999. In February 2000, Value City Department Stores, Inc. and Filene's Basement Corp. announced that Base Acquisition Corp., a wholly-owned subsidiary of Value City, has signed a definitive purchase agreement to acquire substantially all of the assets and assume certain liabilities of Filene's Basement. The Company, through its wholly owned subsidiary Filene's Basement, Inc., operated a chain of off-price specialty stores offering focused assortments of timely, fashionable, branded and private label merchandise at prices significantly below traditional department store prices.
Reuters ProVestor Plus Company Report

Shareholder Equity
Shares Outstanding 21.0 M
Institutional Ownership 0.06%
Number of Floating Shares 13.0 M
Short Interest as % of Float --