BIG V CONSIDERS THREE OPTIONS IN REORGANIZATION

WILMINGTON, Del. -- Big V Supermarkets, Florida, N.Y., as part of its financial restructuring, is looking into three possible directions: sale of the company, entering a new supply agreement, and also remaining within its current supply arrangement with Wakefern Food, Elizabeth, N.J.During a hearing in the U.S. Bankruptcy Court here late last month, Big V stated that it is deliberating these three

WILMINGTON, Del. -- Big V Supermarkets, Florida, N.Y., as part of its financial restructuring, is looking into three possible directions: sale of the company, entering a new supply agreement, and also remaining within its current supply arrangement with Wakefern Food, Elizabeth, N.J.

During a hearing in the U.S. Bankruptcy Court here late last month, Big V stated that it is deliberating these three possibilities for restructuring under bankruptcy protection.

The judge agreed t

Register to view the full article

test - Advanced Registered User

Already a member? .