Peters, J.P.
In January 2005, the parties entered into an option agreement for the purchase of the business assets and real property owned by defendant H & G Operating Corporation, defendant Laur-Ell, Ltd. and defendant Estate of Mannie Halbert, as sole shareholder of the aforementioned corporate entities, on terms memorialized in an asset sale agreement. This agreement, as incorporated into the option agreement, provided for a purchase price of $8.1 million and...
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