HOUCHENS SET TO ACQUIRE FOOD GIANT

BOWLING GREEN, Ky. -- Houchens Industries here moved to further diversify its portfolio of holdings last week with the planned acquisition of Food Giant Supermarkets, Sikeston, Mo., which operates 90 conventional supermarkets in eight states, primarily in the Midwest.Houchens is the nation's largest Save-A-Lot licensee with about 200 outlets in 11 states from Texas to New York, and it also operates

BOWLING GREEN, Ky. -- Houchens Industries here moved to further diversify its portfolio of holdings last week with the planned acquisition of Food Giant Supermarkets, Sikeston, Mo., which operates 90 conventional supermarkets in eight states, primarily in the Midwest.

Houchens is the nation's largest Save-A-Lot licensee with about 200 outlets in 11 states from Texas to New York, and it also operates subsidiaries in the warehousing, construction, recycling, insurance and cigarette indu

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