Sharper Image Chairman Resigns

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By AP
10 April 2008 @ 08:19 am EST

NEW YORK - Sharper Image Corp. says its chairman Jerry W. Levin will resign to pursue a possible acquisition of the beleaguered specialty electronics retailer.

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San Francisco-based Sharper Image, which filed for bankruptcy protection in February, says Levin will step down, effective immediately, and will work with other investors in an effort to buy some or all of the company.

Chief Executive Robert Conway says Sharper Image will consider any proposal he makes.

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Sharper Image Chairman Resigns

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