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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 29, 2000) --- AmeriServe Food Distribution, Inc.
filed a motion on June 27, 2000 with the U.S. Bankruptcy Court in Wilmington,
Delaware, to sell its Equipment Division. The sale of the division will be
contingent upon the satisfaction of a minimum sale price. All interested parties
will be invited to submit bids against that minimum. It is expected that, upon
the court's approval, an auction and sale hearing will be set for late July,
with a closing to follow promptly thereafter.
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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