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COMPANY AGREES TO BUY RICHMOND, EATON MARSH STORES

(Indianapolis, IN)--A company has agreed to buy the Marsh locations in Richmond and Eaton.  That company is Generative Growth II.  They’re paying a total of $8 million for 15 Marsh stores, including Richmond and Eaton.  Marsh had said recently that it would close all of its stores, including those two, if a buyer was not found.  Successful bidders were announced to the bankruptcy court Tuesday.  But, there’s still an issue.  CVS could try to block the sale over a previously-arranged agreement to purchase Marsh pharmacies.

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