United Therapeutics 'no longer pursuing' nearly 350 acres in Hackett Hill area [Yahoo! Finance]
United Therapeutics Corporation (UTHR)
Last united therapeutics corporation earnings: 4/29 06:00 am
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Source: Yahoo! Finance
Millyard, says it's no longer pursuing plans for expansion in the city's Hackett Hill neighborhood. United Therapeutics had been scheduled to give a presentation on their plans for the site to city aldermen Tuesday night, after announcing in September it had signed a letter of intent to purchase nearly 350 acres from the city in the Hackett Hill neighborhood, with a purchase price for the 10 parcels of $4.62 million. But the presentation has been canceled, with a spokesman for United Therapeutics saying the firm is "no longer pursuing the Hackett Hill site." "We're still dedicated to Manchester and New Hampshire and our decision reflects issues specific to the site, not the efforts of the City of Manchester or the welcoming environment we have experienced in New Hampshire," Dewey Steadman, head of investor relations for United Therapeutics, said in an email. "We appreciate the creativity and dedication of Mayor (Jay) Ruais, the Board of Mayor and Aldermen and the city of Manches
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