GRAND UNION FILES FOR VOLUNTARY BANKRUPTCY

WAYNE, N.J. -- Grand Union Co. here said last week it filed for voluntary prepackaged bankruptcy under Chapter 11, and the court has set a hearing date of Aug. 5 to confirm the company's reorganization plan.Once the plan has been confirmed, the court will set a date two to three weeks later for the company to formally emerge from bankruptcy. The company has previously stated it expects to emerge in

WAYNE, N.J. -- Grand Union Co. here said last week it filed for voluntary prepackaged bankruptcy under Chapter 11, and the court has set a hearing date of Aug. 5 to confirm the company's reorganization plan.

Once the plan has been confirmed, the court will set a date two to three weeks later for the company to formally emerge from bankruptcy. The company has previously stated it expects to emerge in mid- to late August.

Grand Union's filing the prepackaged Chapter 11 in U.S. B

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