GIANT EAGLE, OTHERS ACQUIRE PHAR-MOR ASSETS

PITTSBURGH -- Giant Eagle here, CVS, Woonsocket, R.I., and several other retailers recently purchase the assets of the Phar-Mor discount drug store chain in a $141 million sale, according to published reports.Effectively ending the story of the biggest player in the once flourishing deep discount drug business, Phar-Mor, Youngstown, Ohio, will close its remaining 73 stores as a part of the sale.The

PITTSBURGH -- Giant Eagle here, CVS, Woonsocket, R.I., and several other retailers recently purchase the assets of the Phar-Mor discount drug store chain in a $141 million sale, according to published reports.

Effectively ending the story of the biggest player in the once flourishing deep discount drug business, Phar-Mor, Youngstown, Ohio, will close its remaining 73 stores as a part of the sale.

The pharmacy files in approximately 71 Phar-Mor locations have been liquidated, a

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