Giant Eagle Wins Final Ok to Buy Lenature's Plant

Summary


Giant Eagle Inc. today again won the right to buy the closed LeNature's Inc. bottling plant in Latrobe, but this time the deal will not be overturned.

U.S. Bankruptcy Judge M. Bruce McCullough today approved a settlement that permits Cadbury Schweppes Beverages Group of Plano, Texas, to buy the closed bottling plant for $19 million, then sell it to Giant Eagle, without fear of legal action from LeNature's court-appointed trustee.

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Extract


Giant Eagle Wins Final Ok to Buy Lenature's Plant

Today's decision comes almost a month after McCullough ruled on Aug. 30 that Giant Eagle's...

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