NEWS WATCH

Fleming Cos., Oklahoma City, has reconfirmed its decision to adopt a new share purchase rights agreement, effective July 6. Its board readdressed the issue last week after a shareholder advisory action at the May 1 annual meeting indicated a desire to vote on the continued existence of such an agreement. Robert E. Stauth, chairman and chief executive officer, stated that the move is intended to protect

Fleming Cos., Oklahoma City, has reconfirmed its decision to adopt a new share purchase rights agreement, effective July 6. Its board readdressed the issue last week after a shareholder advisory action at the May 1 annual meeting indicated a desire to vote on the continued existence of such an agreement. Robert E. Stauth, chairman and chief executive officer, stated that the move is intended to protect Fleming shareholders in light of the effect of its re-engineering efforts and the wholesale

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