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FOR IMMEDIATE RELEASE
FOR ADDITIONAL INFORMATION CONTACT:
DAVID MARGULIES/JIM LAWRENCE
(214) 368-0909 (800) 710-5292 (PAGER)
Addison, Texas (June 30, 2000) --- As has been previously announced,
AmeriServe Food Distribution, Inc. is exploring a number of strategic
alternatives including the potential sale of substantially all the company's
assets. Other options previously discussed by management are to continue as a
stand-alone company or to take on a strategic partner.
AmeriServe has entered into preliminary discussions with several
parties, including McLane Company, Inc. concerning these strategies.
No specific agreements have been reached with any party, and the U.S.
Bankruptcy Court must approve any change in the company's status.
AmeriServe will continue to work closely with its customers and
employees during this period with the goal of continuing to improve operating
efficiencies and customer service.
AmeriServe, headquartered in Addison, Texas, a suburb of Dallas, is one of
the nation's largest distributors specializing in chain restaurants, serving
leading quick service systems such as KFC, Long John Silver's, Pizza Hut and
Taco Bell.
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