Posts
MINNETONKA, Minn., Sept 24, 2008 /PRNewswire via COMTEX/ -- Petters Group Worldwide said today that at approximately 9:00 a.m. agents of the Federal Bureau of Investigation, the Internal Revenue Service and the Minnetonka Police Department arrived at its headquarters to execute a search warrant.
The headquarters building is closed for today and employees were sent home by the law enforcement personnel on the scene.
Andrea Miller, Director of Corporate Communications for Petters Group Worldwide, said that the investigation pertains to one financial entity that Petters is involved with and the investigation does not involve Sun Country, Polaroid, uBid, Fingerhut or Great Waters Media, the magazine group Petters recently acquired.
Miller said that Sun Country Airlines, which is owned by Petters Group Worldwide, is not affected by the investigation and continues to fly its normal scheduled and charter operations.
Petters Group Worldwide is cooperating fully with the investigation. The company will make additional information available as it is known
Petters Group Worldwide is a privately held company and as an active manager, they support the organizations they invest in by achieving investment synergies with services, financing and leveraging resources to support growth. The core areas of focus for Petters Group are merchandising, brand management, technology, aviation, real estate and investment capital.
Home
RSS Feed
Email Subscribe
0 Comments:
Post a Comment