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FLEMING TERMINATES FLORIDA SUPERMARKETS ACQUISITION DISCUSSIONS

 OKLAHOMA CITY, Aug. 30 /PRNewswire/ -- Fleming Cos. Inc. (NYSE: FLM) announced today that discussions to acquire approximately 20 supermarkets operated by Florida Supermarkets Inc., have been terminated.
 Dean Werries, chairman and chief executive officer, said, "We are disappointed that we were unable to complete this transaction. However, we determined that the purchase of these stores was not in the best interest of our shareholders."
 Werries added that the company is fully reserved on its minority equity investment in Florida Supermarkets and that Fleming expects no material losses on outstanding loans or open trade accounts with the chain.
 Fleming provides food, food-related products and services to more than 4,800 retailers in 36 states.
 -0- 8/30/93
 /CONTACT: Ron Frost of Fleming, 405-841-8125/
 (FLM)


CO: Fleming Cos. Inc. ST: Oklahoma IN: FOD SU: TNM

BB -- DV004 -- 7234 08/30/93 17:04 EDT
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Publication:PR Newswire
Date:Aug 30, 1993
Words:143
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