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COURT OKS FLEMING REORGANIZATION AROUND CORE-MARKhere last week approved the reorganization plan of Fleming, Dallas, which calls for the company to reorganize around its Core-Mark convenience store distribution business. Core-Mark, South San Francisco, Calif., is projected to have annual revenues between $4 billion and $5 billion. Certain creditors will receive an equity stake in the new company,

COURT OKS FLEMING REORGANIZATION AROUND CORE-MARK

here last week approved the reorganization plan of Fleming, Dallas, which calls for the company to reorganize around its Core-Mark convenience store distribution business. Core-Mark, South San Francisco, Calif., is projected to have annual revenues between $4 billion and $5 billion. Certain creditors will receive an equity stake in the new company, which will be funded by loans from General Electric Capital Corp. and Sankaty Advis

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TAGS: Kroger