KASH N' KARRY STOPS SEARCH FOR BUYER

TAMPA, Fla. -- After a search lasting several months, Kash n' Karry Food Stores here last week called off its hunt for a buyer.million into the company.In a plan presented to some 45 bondholders late last week, Green officials sought to extend the maturities of its senior notes, reduce interest rates on its fixed-rate senior notes and convert about $105 million of subordinated debentures into Kash

TAMPA, Fla. -- After a search lasting several months, Kash n' Karry Food Stores here last week called off its hunt for a buyer.

million into the company.

In a plan presented to some 45 bondholders late last week, Green officials sought to extend the maturities of its senior notes, reduce interest rates on its fixed-rate senior notes and convert about $105 million of subordinated debentures into Kash n' Karry common stock. The recapitalization plan is being negotiated with a

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