FLEMING COULD REJECT UP TO 26 FURRS UNITS

ALBUQUERQUE, N.M. -- Furrs Supermarkets here said Fleming, Dallas, could reject up to 26 of 66 retail locations under the terms of a transaction approved in U.S. Bankruptcy Court last week.Fleming disclosed two weeks ago it had submitted the highest bid in Furrs' June 27 auction -- $57 million for real estate, equipment leases, contracts and licenses, plus approximately $50 million for inventory.

ALBUQUERQUE, N.M. -- Furrs Supermarkets here said Fleming, Dallas, could reject up to 26 of 66 retail locations under the terms of a transaction approved in U.S. Bankruptcy Court last week.

Fleming disclosed two weeks ago it had submitted the highest bid in Furrs' June 27 auction -- $57 million for real estate, equipment leases, contracts and licenses, plus approximately $50 million for inventory. That bid was approved by the secured and unsecured creditor committees and then submitte

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