The Leather Factory, Inc, announced on Monday, February 18, 2002 its intention to acquire the assets of the Heritage Leather Company based in Boise, Idaho.

Heritage will join the Tandy Leather Company, a retail subsidiary of The Leather Factory. Tandy Leather has signed a letter of intent subject to the execution of a definitive agreement, which will contain the customary representations, warranties, covenants, and conditions. The deal is scheduled to be closed by February 28, 2002.

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