March 16, 2017 / 12:28 PM / in 4 months

BRIEF-Party City announces the acquisition of 18 franchise stores in the Carolinas

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March 16 (Reuters) - Party City Holdco Inc

* Party city announces the acquisition of 18 franchise stores in the Carolinas

* Purchase price of $31 million

* Entered into an agreement to acquire a master franchise group representing 18 franchise stores in North Carolina and South Carolina Source text for Eikon: Further company coverage:

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