Bruno's Seeks 'Emergency Sale'

Scrambling to find a buyer, and with financing running low, Bruno's Supermarkets last week was teetering on the edge of liquidation. The retailer, which filed for Chapter 11 bankruptcy protection in February, asked the court for permission to sell all or substantially all of its assets in an auction later this month if a buyer did not emerge before then. The company in court papers

BIRMINGHAM, Ala. — Scrambling to find a buyer, and with financing running low, Bruno's Supermarkets last week was teetering on the edge of liquidation.

The retailer, which filed for Chapter 11 bankruptcy protection in February, asked the court for permission to “sell all or substantially all of its assets” in an auction later this month if a buyer did not emerge before then. The company in court papers said an “emergency sale” of the company — either as a going concern or to a

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