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Fisher

May 2, 2008

The Fisher family – founders of the GAP retail empire – are bidding to purchase a bankrupted US forestry firm.

The Fisher family – founders of the GAP retail empire – are bidding to purchase a bankrupted US forestry firm. The current bankruptcy trial for The Pacific Lumber Co (PALCO) is pitting the Fishers against Harvard University's endowment fund, a wealthy Texas banker and PALCO's parent firm Maxxam Inc. A final decision is expected next week.

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