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Masters’ moment of truth

The fate of the Masters Home Improvement chain is expected to be revealed within a fortnight as both joint venture partners report on their operations to shareholders. The North Carolina-based Lowes is scheduled to release its third quarter financial results on November 18, while Woolworths faces the prospect of a challenging annual shareholders meeting the following week, on November 26. The joint venture partners are likely to have already decided their position on Masters Home Improvement, wh