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Sunday, January 17, 2016 5:31:04 PM
[PR Newswire] - Alon Blue Square Israel Ltd. (BSI) (the "Company") announced today that in furtherance of the filing by its subsidiary, Mega Retail, of a voluntary request with the District Court in Lod, Israel for a stay of proceedings, the court granted a temporary stay of legal proceedings against Mega Retail until otherwise decided by the court. The court set a hearing for tomorrow morning Israel time to discuss the application by Mega Retail. Alon Blue Square Israel Ltd. (hereinafter: "Alon Blue Square") operates in five reportable operating segments and is the largest retail company in the State of Israel.
read full: http://finance.yahoo.com/news/alon-blue-square-announces-grant-120300454.html
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