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Notable Transactions
J C Penney Co - Eckerd Drug Store Chain
SEC_CODE_REF_0090001192884
|
 Bifurcated
sale to two buyers, for total of $4.5 billion
- Sale of Subsidiary to Jean Coutu Group Inc
- Sale of Assets to CVS Corp
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Safeco Corporation (Life & Investments
Operations)
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Sale
to Investor Group
- Led by White Mountains and Berkshire Hathaway
- Safeco's life insurance, group insurance,
annuities and mutual fund businesses
- Sold for $1.35 billion
- Could include additional proceeds based on June
30, 2004 statutory book value
Stock
purchase agreement
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Related Topics
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