The Denver Post

WALTON TRUST SELLS WALMART SHARES

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The Walton Family Holdings Trust sold $256 million of Walmart Stores Inc. as shares hovered around highs for the year.

The trust unloaded 3.5 million shares at prices ranging from $72.45 to $74.28 on Aug. 19 and 22, according to a regulatory filing. Those transactio­ns follow $104 million of sales at the end of June at prices between $70.67 and $71.86. Shares of the retailer have climbed this year after closing at a four-year low of $56.42 in November.

Walton Enterprise­s LLC, the family’s main investment entity, distribute­d about 6 percent of the shares to the trust in April 2015. The trust now owns about 170 million shares of the business, the filings show. That’s a fraction of the 1.4 billion shares held by Walton Enterprise­s. Together the two entities own 51 percent of the retailer.

Colorado Springs tech buildings near foreclosur­e. Wells Fargo Bank is

seeking foreclosur­e of a $28.3 million loan on a twobuildin­g complex in the InterQuest Corporate Campus that houses Quantum Corp. and Cherwell Software, in the county’s largest such filing in seven years.

The bank is acting as trustee for the Wachovia Bank Commercial Mortgage Trust, which issued securities backing that and loans on other commercial property. The foreclosur­e is the largest handled by the trustee’s office since Hillcrest Bank foreclosed a $29 million loan in 2009 to Morley-Howard Investment­s LLC.

Pfizer on buying spree.

Drugmaker Pfizer Inc. is continuing its shopping spree with its fourth acquisitio­n since the April collapse of its planned $160 billion megadeal to buy rival Allergan PLC.

In its second deal this week, Pfizer said it’s buying rights to Anglo-Swedish drugmaker AstraZenec­a PLC’s portfolio of approved and experiment­al antibiotic and antifungal pills. The deal is valued in excess of $1.5 billion, including rights to sell the medicines in most countries outside the U.S., royalties and other payments.

Stalling trouble forces Ford recall. Ford is recalling

more than 88,000 cars and SUVs in North America because the engines can stall without warning due to a fuel pump problem.

The recall covers certain Ford Taurus and Police Intercepto­r sedans, Ford Flex wagons, Lincoln MKS sedans and Lincoln MKT SUVs from the 2013 through 2015 model years.

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