	allegheny beverage abev explores unit sale allegheny beverage corp said it has been approached by a group interested in uiring its foodservice unit service america corp the group includes senior management of service america but no officers of allegheny beverage the company said the company has agreed to permit the group and its potential lenders to perform a due diligence review of service america it said allegheny noted it had previously cancelled plans to spin off the foodservice subsidiary the company said the group s review is preliminary and there is no assurance that an uisition proposal will be made or if made accepted service america had fiscal revenues of about mln dlrs or about pct of allegheny beverage s total revenues of billion dlrs for the year ended march a spokesman for allegheny beverage said he declined to identify the service america officials in the uisition group on feb allegheny said it was cancelling the spin off of service america but gave no reason for doing so it said it would place major emphasis on managing service america to improve operations and increase earnings at the unit service america which allegheny uired in may operates cafeterias and food and beverage vending machines through other subsidiaries allegheny provides coin operated laundry services building maintenance services and retail office and furniture operations in fiscal allegheny reported earnings from continuing operations of mln dlrs or dlrs a fully diluted share excluding income of mln dlrs from discontinued operations and an extraordinary loss of mln dlrs in may allegheny sold its pepsi cola bottling co unit to pepsico inc pep for mln dlrs including discontinued operations and the special item net income was mln dlrs or dlrs a share fully diluted reuter 
