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Philly fund buys Eastern Mountain Sports
Versa won't make changes til after Christmas, says boss Greg Segall
The Versa deal is the latest step in a long chain of corporate ownership. Manzer, backed by financing from J.H. Whitney & Co., bought control of EMS from former owner American Retail Group of Atlanta back in 2004. Previous owners had included movie studio Warner Communications Inc. and the Franklin Mint, the collectibles retailer formerly based near Media.