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Affiliated Southwest in Merger Talks

Affiliated Foods Southwest told SN yesterday it expected to finalize a sale or merger with another company by early next week.

LITTLE ROCK, Ark. — Affiliated Foods Southwest here told SN yesterday it expected to finalize a sale or merger with another company by early next week.

As previously reported, the cooperative in the last few months had struggled through a credit crisis and revamped its senior management.

“We are negotiating with some folks to either buy or sell the company, with the guidance of our advisors,” Al Miller, a company spokesman, told SN yesterday. He declined to discuss the negotiations in any more detail, citing confidentiality agreements.

Local reports said the company had been negotiating with “other wholesale food distributors.”

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