JACKSONVILLE, Fla. - Winn-Dixie Stores last week filed a plan of reorganization in U.S. Bankruptcy Court here, signaling a 16-month stay in Chapter 11 is nearing an end. The plan values the reorganized retailer at around $759 million, with 50 million new shares of stock to be distributed - or not distributed - among 21 classes of creditors. The company would be virtually free of debt and positioned to return to profitability in fiscal year 2008, according to company projections. Wachovia ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.