FLEMING SET TO BID FOR ABCO ASSETS

OKLAHOMA CITY -- Fleming Cos. here said it will seek to acquire the assets of Abco Holdings, owner of Abco Foods, Phoenix, in early January.Fleming, which is Abco's primary wholesaler and, since last month, its majority shareholder, instituted foreclosure proceedings against the company late last month after Abco shareholders failed to accept a Fleming-sponsored recapitalization plan. Fleming will

OKLAHOMA CITY -- Fleming Cos. here said it will seek to acquire the assets of Abco Holdings, owner of Abco Foods, Phoenix, in early January.

Fleming, which is Abco's primary wholesaler and, since last month, its majority shareholder, instituted foreclosure proceedings against the company late last month after Abco shareholders failed to accept a Fleming-sponsored recapitalization plan. Fleming will seek to acquire the assets once foreclosure proceedings are concluded, probably in earl

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