RIVERTOWN TRADING COMPANY SOLD...to Dayton-Hudson buys Rivertown!

Topics | Business & Industry |
March 23, 1998
Stephen Smith - Reporter
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The parent company of Minnesota Public Radio announced today it is selling it's for-profit catalog operations to Dayton Hudson Corporation for $120 million. Dayton-Hudson officials say buying the Rivertown Trading Company will give the retailing giant new sales expertise in the mail-order market and potentially on the internet. Most of the profits of the sale will go to MPR's permanent endowment fund...which becomes the largest in public broadcasting. Minnesota Public Radio's Stephen Smith reports: Sun 28-MAY 11:55:34 MPR NewsPro Archive - Wed 04/11/2001

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