Masters sales surge as end nears

SYDNEY, Australia — Sales at Masters Home Improvement have skyrocketed as prices are slashed ahead of a projected December deadline for winding up the failed joint venture. According to the Australian Business Review, executives are confident that Masters will sell off its remaining inventory before December 11, when it is projected to close. JV partners Woolworths and Lowe’s are sparring in court over the terms of the sale, with Lowe’s alleging its Australian counterpart accepted a lower value for the business than it could have.