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Goody’s Takes Shape Post Merger

Knoxville, Tenn., Goody’s Family Clothing, Inc. completed its merger with GF Acquisition Corp. The company has requested that NASDAQ delist Goody’s Family Clothing, Inc.

As a result of the move, Samuel J. Furrow, Irwin L. Lowenstein and Robert F Koppel, the remaining independent directors, have resigned their positions as directors of the company. As previously reported, Isaac Dabah, a principal of GMM Capital and a director of Goody's, will serve as the chairman of the board. The other continuing members of the board of directors are Michael Zimmerman, Itzhak Weinstock and Gina Milanese.

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