MEGAFOODS FILES NEW PLAN FOR CHAPTER 11 EXIT

MESA, Ariz. -- Megafoods Stores here hopes to emerge from Chapter 11 bankruptcy protection by late June under an amended joint plan of reorganization and proposed disclosure statement filed with the U.S. Bankruptcy Court in Phoenix last week.A hearing on the disclosure statement is scheduled for April 9, according to the company. If it is approved, the company said it would send ballots to Megafoods'

MESA, Ariz. -- Megafoods Stores here hopes to emerge from Chapter 11 bankruptcy protection by late June under an amended joint plan of reorganization and proposed disclosure statement filed with the U.S. Bankruptcy Court in Phoenix last week.

A hearing on the disclosure statement is scheduled for April 9, according to the company. If it is approved, the company said it would send ballots to Megafoods' creditors for approval, along with the disclosure statement and the first amended jo

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