KASH N' KARRY IS NOT FOR SALE: CHAIRMAN

TAMPA, Fla. -- Despite canceled talks about possibly being acquired by Food Lion, Kash n' Karry Food Stores here is not up for sale, Ronald E. Johnson, chairman, president and chief executive officer, told SN last week.However, in the next year or two, the 100-store Western Florida chain's institutional shareholders might opt to retrieve their equity through a possible sale or a financial restructuring

TAMPA, Fla. -- Despite canceled talks about possibly being acquired by Food Lion, Kash n' Karry Food Stores here is not up for sale, Ronald E. Johnson, chairman, president and chief executive officer, told SN last week.

However, in the next year or two, the 100-store Western Florida chain's institutional shareholders might opt to retrieve their equity through a possible sale or a financial restructuring that could involve a public offering, Johnson said.

Speculation arose that

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