MESA, Ariz. -- Megafoods here and Fleming Cos., Oklahoma City, its former supplier, said last week they have reached a settlement agreement in their legal dispute -- expected to clear the way for Megafoods to emerge from Chapter 11 bankruptcy protection. The agreement is scheduled to be presented to the U.S. Bankruptcy Court for the District of Arizona today as part of the retailer's reorganization plan. Under the agreement, Fleming would gain a 10% ownership stake in Megafoods and pay the ...
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