CHANDLER, Ariz. — Bashas' here emerged on schedule on Saturday from operating under Chapter 11 bankruptcy protection. In a letter to employees Tuesday, Edward N. Basha 3rd, vice president, retail operations, said the company mailed its first round of checks to creditors on the same day it officially emerged — a total reported to be $59.4 million. Some of the chain's secured creditors sought to put a hold last week on the chain's emergence but withdrew their filing when Bashas' reportedly ...
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