Advertisement

Beverly Enterprises said it has signed an...

Share via

Beverly Enterprises said it has signed an extension to its debt restructuring agreement, covering more than $770 million in bank credit, for an additional year through Jan. 2, 1991 . . . General Cinema said it completed the previously announced sale of its soft drink bottling business to Pepsico for about $1.75 billion in cash and expects to record a pretax gain of $1.4 billion from the transaction . . . The Investment Company Institute reported that the assets of the nation’s 461 money market mutual funds rose $2.8 billion in the week ended March 22, to $299.4 billion

Advertisement