GRAND UNION TO SEEK NEW EXCHANGE LISTING

WAYNE, N.J. -- Grand Union will soon be hunting for a new stock exchange for its shares.The company here said it expects to have its stock listed on "a nationally recognized market or exchange" once its proposed financial restructuring ensures the capitalization requirements and overall valuation necessary for such a listing.The company, which is restructuring for the second time in three years, was

WAYNE, N.J. -- Grand Union will soon be hunting for a new stock exchange for its shares.

The company here said it expects to have its stock listed on "a nationally recognized market or exchange" once its proposed financial restructuring ensures the capitalization requirements and overall valuation necessary for such a listing.

The company, which is restructuring for the second time in three years, was delisted by the Nasdaq SmallCap Market May 20 and is currently listed o

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