May 23, 1992 |
The buyer of Thrifty Drug Stores and Big 5 has an unusual reputation among takeover specialists--widespread respect. Los Angeles-based Leonard Green & Partners, led by a low-key veteran of the booming 1980s buyout years, Leonard I. Green, will purchase five of six retailing units of Thrifty Corp., the troubled subsidiary of Pacific Enterprises. The choice has been greeted with relief by both Southern California executives and union leaders. "I think it's good in all respects," said Michael E.