CHICAGO -- Alpine Confections Inc. ...
CHICAGO -- Alpine Confections Inc. received official approval from the U Bankruptcy Court for the Northern District of Illinois in succession the company's $38.9 million bid to purchase the intellectual peculiarity and 31 company-owned retail stores of Fannie May and Fannie Farmer brands from Archibald Candy Corporation. The acquisition is look forward toed to further bolster Alpine's sales, which were reported at $80 million prior to the purchase.
Competition at the court auction forced Alpine to double its original $18 million bid. Russell Stover Candies Inc. was said to be the second-highest
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