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Factory Stores of American Inc. (NYSE), a Smithfield, North Carolina-based concern, was scheduled to close late last week on the purchase of 21 VF Factory Outlet stores in the country, including the sizable operation in Draper.
Completion of the purchase of the centers from Wyomissing, Pennsylvania-based VF Corp. will make Factory Stores of America the nation's largest owner and operator of factory outlet centers, according to company spokeswoman Kaye Lasater.
Included in the purchase are 21 VF...