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Grafton-Fraser purchases Tip Top Tailors Group from Dylex for US$32 million

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Grafton-Fraser Inc.

On July 11, 2000, Dylex Limited completed the sale of its Tip Top Tailors Group Division to Grafton-Fraser Inc. The reported purchase price was $32.5 million. Fasken Martineau DuMoulin LLP acted for Grafton-Fraser on the deal with a team that included Toronto lawyers Mark Stinson, David Salomon, John Abraham, Gary Fogler, Belinda James, Mark Burton, Stephen Kerr, Peter Leonard, Tony Baldanza, Kathleen Hanly, Brent Jay, Peggy McCallum, Ralph Nero and David Lemieux of the Montreal office.