FURRS TAKING BIDS, THOUGH IT MAY NOT SELL COMPANY

ALBUQUERQUE, N.M. -- Furrs Supermarkets here said last week it is accepting bids for the sale of the company, although it has not made a final decision on whether to sell or reorganize.Furrs has been operating under Chapter 11 since February.In other developments:Furrs said it closed five of its 71 stores early last month to create enough liquidity -- an estimated $12 million, including other savings

ALBUQUERQUE, N.M. -- Furrs Supermarkets here said last week it is accepting bids for the sale of the company, although it has not made a final decision on whether to sell or reorganize.

Furrs has been operating under Chapter 11 since February.

In other developments:

Furrs said it closed five of its 71 stores early last month to create enough liquidity -- an estimated $12 million, including other savings -- to keep going.

The court approved agreements that w

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