FINANCING APPROVED FOR WINN-DIXIE

NEW YORK -- The U.S. Bankruptcy Court here has approved $800 million in financing for Winn-Dixie Stores, Jacksonville, Fla. The chain hopes to generate another $15 million this week by selling its corporate jet.Last week, Winn-Dixie also asked the court to extend the April 22 deadline to assume or reject store leases by 150 days. It said it needed more time to determine which locations would be vital

NEW YORK -- The U.S. Bankruptcy Court here has approved $800 million in financing for Winn-Dixie Stores, Jacksonville, Fla. The chain hopes to generate another $15 million this week by selling its corporate jet.

Register to view the full article

TAGS: Kroger