Whitehall Jewellers Inc. will buy the 78 Friedman's and Crescent jewelry stores (collectively Friedman's) that are not going out of business, the company has announced. According to a release from Whitehall Jewelers Holdings Inc., the parent company of Whitehall, the company is acquiring the inventory, prepaid assets, deposits and other tangible property related to these stores for $14.3 million and will keep them open, operating as either Whitehall or Lundstrom stores.

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