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U.S. markets recover from steep losses
DEERFIELD , Ill., April 28 (UPI) -- A U.S. bankruptcy judge said Walgreen Co. could purchase 34 Drug Fair stores in New Jersey for a price of $55.95 million.
Drug Fair, owned by private equity group Sun Capital Partners, filed for Chapter 11 bankruptcy protection in March, The (Newark, N.J.) Star-Ledger reported Tuesday.
Its bankruptcy filing lists debts amounting to $500 million and assets of $100 million.
Prescription medicine distributor Cardinal Health is listed as a creditor that is owed $18 million. In addition, owners of three independent pharmacies that sold their businesses to Drug Fair in 2008 are owed a total of $2.3 million, the newspaper said.
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WASHINGTON, May 24 (UPI) --
Louisiana legislators were praised by a consortium of environmental groups for outlining a 50-year plan to protect the coastal ecosystem.
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LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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