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SUNBELT COCA-COLA BOTTLING TO SELL OPERATING CONTROL TO COCA-COLA BOTTLING CONSOLIDATED

          SUNBELT COCA-COLA BOTTLING TO SELL OPERATING CONTROL
                   TO COCA-COLA BOTTLING CONSOLIDATED
    CHARLESTON, S.C., Nov. 11 /PRNewswire/ -- Homer C. Burrous, Chairman of the Board of Sunbelt Coca-Cola Bottling Company, Inc., announced today that Sunbelt has signed a letter of intent to sell the operating control of Sunbelt Coca-Cola Bottling Company, Inc. to Coca-Cola Bottling Co. Consolidated (NASDAQ-NMS: COKE).
    Sunbelt Coca-Cola Bottling Company, Inc. services customers in portions of North and South Carolina.  Sunbelt is the eighth largest Coca-Cola bottler in the U.S.  This transaction will make Consolidated the second largest Coca-Cola bottler in the U.S.
    "I'm confident that this new business combination will continue to provide superior service to every retail customer and the highest quality products to our consumers," Burrous said.
    Terms of the letter of intent were not revealed and completion of the transaction is subject to various conditions, including regulatory approval.
    -0-                   11/11/91
    /CONTACT:  Gary Sawyer of Sunbelt Coca-Cola Bottling Company, Inc., 803-768-6500/
    (COKE) CO:  Sunbelt Coca-Cola Bottling Company, Inc.; Coca-Cola Bottling Co.
     Consolidated ST:  North Carolina, South Carolina IN: SU:  TNM CM -- CH005 -- 2966 11/11/91 10:47 EST
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Publication:PR Newswire
Date:Nov 11, 1991
Words:188
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