0000950134-03-009994 Sample Contracts

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EXHIBIT 99.1 FLEMING AND C&S SIGN ASSET PURCHASE AGREEMENT FOR GROCERY WHOLESALE BUSINESS DALLAS, July 8 /PRNewswire-FirstCall/ -- Fleming Companies, Inc. and C&S Wholesale Grocers, Inc. have signed a definitive asset purchase agreement to sell...
Asset Purchase Agreement • July 10th, 2003 • Fleming Companies Inc /Ok/ • Wholesale-groceries, general line

DALLAS, July 8 /PRNewswire-FirstCall/ -- Fleming Companies, Inc. and C&S Wholesale Grocers, Inc. have signed a definitive asset purchase agreement to sell Fleming's wholesale grocery business to C&S. The agreement includes substantially all of the assets of the Fleming wholesale grocery business, other than accounts receivable and certain other assets. The estimated purchase price is expected to be $400 million. The definitive asset purchase agreement is subject to, among other things, satisfactory completion of due diligence, C&S obtaining financing and U.S. Bankruptcy Court approval. Fleming intends to file the asset purchase agreement with the U.S. Bankruptcy Court in Delaware.

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