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Pryor Cashman Structures Sale of Klein Candy to Core-Mark Holding for $55 Million

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A team of Pryor Cashman attorneys represented Klein Candy Co. in its June 19, 2006 sale of substantially all its assets to Core-Mark Holding Co.(NASDAQ: CORE) for $55 million. Corporate Partner Rich Frazer led the transaction with assistance from associate Michael Campoli.

Klein Candy, which operated as Klein Wholesale Distributors, was a 96-year-old full service convenience store distributor. Core-Mark Holding is one of the largest broad-line, full-service wholesale distributors of packaged consumer products to the convenience retail industry in North America. Klein's operations give Core-Mark's existing distribution network national coverage.