OTHER NEWS - March 8, 1995
<i> Times Staff and Wire Reports</i>
Grocery Merger Bond Talks Extended: The partners in a planned supermarket merger have further extended negotiations with bondholders, who hold the key to a plan for completing the deal. The negotiations are a crucial step in the plan by Food 4 Less Supermarkets--operator of the Alpha Beta chain--to obtain financing to acquire Ralphs Grocery Co., because the companies must first persuade at least 80% of their bondholders to swap their holdings for new bonds that would be issued by a merged grocery company.
