GRAND UNION BANKRUPTCY PLAN GETS COURT'S OK

WAYNE, N.J. -- Grand Union Co. here said last week the U.S. Bankruptcy Court in Wilmington, Del., has confirmed its plan of reorganization.The chain also selected a new board, which will hold its first meeting on June 14, Roger E. Stangeland, incoming chairman, told SN. The reorganization plan, which is expected to take effect next week, stems from a filing in late January for bankruptcy protection

WAYNE, N.J. -- Grand Union Co. here said last week the U.S. Bankruptcy Court in Wilmington, Del., has confirmed its plan of reorganization.

The chain also selected a new board, which will hold its first meeting on June 14, Roger E. Stangeland, incoming chairman, told SN. The reorganization plan, which is expected to take effect next week, stems from a filing in late January for bankruptcy protection under Chapter 11. Stangeland said the new board expects to meet frequently -- probably

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