Sun Television and Appliances

Fate	Bankruptcy
Founded	1989
Defunct	1998
Headquarters	Columbus, Ohio, USA
Industry	Retail
Products	Computers, Televisions, Home Audio, Car Audio, VCRs, Freezers, Washers, and Dryers.
Website	None

Sun Television and Appliances was a speciality retailer of consumer electronics and home appliances. The company had stores in cities throughout the midwest, and also operated stores in rural areas of the United States, where there was no other competition^[1] in Ohio, Indiana, New York, Pennsylvania, Maryland, West Virginia, Virginia and Kentucky.^{[citation needed]}

In late 1996, Indiana-based H.H. Gregg Appliances and Electronics had arranged to purchase Sun in an $87.5 million deal that would have paid $5 per share to the owners of Sun's 17.5 million outstanding shares.^[2] However, H.H. Gregg withdrew from the deal over concerns regarding Sun's financial condition.^[3]

The company ceased operations in 1998 after filing for Chapter 11 bankruptcy in September of that year, and after attempts to sell the company as a going concern failed.^[4] Some locations were purchased by H.H. Gregg Appliances and Electronics, and were reopened as H.H. Gregg locations.^[3]

[edit] References

[edit] External links

• Company profile (business.com)

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