FEDERAL RESOURCES &lt;FDRC.O> ACQUIRES RETAILER
  Federal Resources Corp said it has
  acquired the capital stock and related real estate assets of
  &lt;New Generation Inc>, a regional consumer electronics specialty
  retailer.
      Terms of the acquisition were not disclosed.
      New Generation has annual sales volume of about 30 mln
  dlrs, Federal Resources said.
      Federal Resources said it will search for additional
  acquisitions including, but not limited to, specialty
  retailers.
  

