Island Lake Business
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Walgreen Co. completes Duane Reade acquisitionApr 08, 2010 11:00 pm - Deerfield-based Walgreen Co. today announced that it has completed the acquisition of Duane Reade Holdings, Inc. The transaction includes all 258 Duane Reade stores in t...
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Holiday Inn Naperville faces foreclosureApr 07, 2010 11:00 pm - Investors - including many from the suburbs - that backed the Holiday Inn Select in Naperville are being sued for about $20 million as the hotel faces foreclosure. A gro...
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CF Industries gets $2.3 billion in acquisition loansApr 06, 2010 11:00 pm - A unit of CF Industries Holdings Inc., the second-largest maker of nitrogen-based fertilizers, obtained $2.3 billion in financing to fund its takeover of Terra Industrie...
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Fortune Brands wins Maker's Mark disputeApr 06, 2010 11:00 pm - While Diageo PLC doesn't have to pay money damages to Fortune Brands Inc.'s Maker's Mark unit, the London-based company is barred from using a red dripping-wax seal on i...
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Nycomed, Baxter get approval for Tachosil patchApr 05, 2010 11:00 pm - Nycomed and its partner Baxter International Inc. said they received approval for TachoSil, a surgical patch, from the U.S. Food and Drug Administration as an adjunct to...
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U.K. lawmakers attack U.S. firm Kraft after mergerApr 05, 2010 11:00 pm - LONDON -- A cross-party committee of British lawmakers has accused Kraft Foods Inc. of acting "irresponsibly and unwisely" during its $17.5 billion takeover of Cadbury. ...
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Mac and cheese, not soup, this recession's comfort foodApr 04, 2010 11:00 pm - Frozen pizza, microwave dinners and macaroni and cheese are eating into Campbell Soup Co.'s U.S. sales. Discounting by Campbell, the biggest U.S. soup maker, failed to l...
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Six Flags files amended bankruptcy plan to complete settlementApr 04, 2010 11:00 pm - Theme-park operator Six Flags Inc. filed an amended reorganization plan on April 2 carrying out the settlement announced in bankruptcy court on March 19. The settlement ...
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Motorola prepares financials for future splitApr 04, 2010 11:00 pm - Schaumburg-based Motorola Inc. said it's still targeting the first quarter of 2011 to complete its split into two separate and publicly traded companies, and needs to or...
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Lake County towns team for Google projectApr 02, 2010 11:00 pm - They didn't get national attention a la Topeka, Kansas, but Vernon Hills and three neighboring towns say they have the same need for speed. The village joined Lincolnshi...