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Step Taken in Tobacco Merger Forming United Stores
In Dover Delaware United Stores Corporation is incorporated as a multi hundred million dollar tobacco and drug chain with Wall Street and Canadian backing. It plans to acquire United Cigar Stores American Tobacco Products Union Tobacco Pennsylvania Drug Neve Drug Happiness and related units via stock swap, with 51 million capital and 1 million six dollar preferred, five million class A and fifteen million common shares.
MENTIONED IN THIS ARTICLE
New York
Dover
Del
United Stores Corporation
Wall Street
George J. Whelan
United Cigar Stores
United Cigar Stores Corporation of America
Mr. Whelan
Tobacco Products Corporation
Union Tobacco Company
Pennsylvania Drug Company
Neve Drug Stores, Inc
Happiness Candy Stores
Ater
United Stores