ALLIED <ASU> SELLING MICHIGAN UNITS
Allied Supermarkets Inc said it entered
into a definitive agreement to sell its Michigan operations for
about 46 mln dlrs in cash and debt plus assumption of
substantially all of Allied's liabilities other than senior
subordinated debentures.
    It said the operations will be sold to Meadowdale Foods
Inc, a corporation formed by members of its existing
management, including Chairman David Page and President Lon
Makanoff.
    The transaction is conditioned on  Allied's pending merger
with the Vons Cos Inc.
 Reuter
