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Phar-Mor Inc. said it will take a pre-tax charge of about $4.6 million following the resignation of Robert Haft as its chairman and chief executive. The charge comes from payment of Haft’s severance benefits, the Youngstown, Ohio-based drugstore retailer said. The amount, on an after-tax basis, wasn’t immediately available. The move follows the completion of a transaction agreed to by Haft last month to sell his interest of 3.75 million Phar-Mor shares to drug retailer Avatex Corp. for about $9 million.
