WINN-DIXIE EXITS BAHAMAS

JACKSONVILLE, Fla. - In moves designed to generate cash for post-bankruptcy investing, Winn-Dixie Stores here said last week it has agreed to sell its 12 supermarkets in the Bahamas for $50 million and would attempt to sell a distribution center in Pompano Beach, Fla.The Bahamian supermarkets, operating under the City Market and Winn-Dixie banners, will be sold to a local Bahamian company, BK Foods.

JACKSONVILLE, Fla. - In moves designed to generate cash for post-bankruptcy investing, Winn-Dixie Stores here said last week it has agreed to sell its 12 supermarkets in the Bahamas for $50 million and would attempt to sell a distribution center in Pompano Beach, Fla.

The Bahamian supermarkets, operating under the City Market and Winn-Dixie banners, will be sold to a local Bahamian company, BK Foods. The agreement provides for the opportunity of higher and better offers through auctio

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