UPDATE 1-South African retailer Edcon can be saved, administrators say <!-- no image --> <div>Administrators in charge of South Africa's Edcon believe there is a reasonable chance of saving the retailer after it filed for a form of bankruptcy protection in April.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WRdPAj9_eBs:I9rz13gbqHY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WRdPAj9_eBs:I9rz13gbqHY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=WRdPAj9_eBs:I9rz13gbqHY:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WRdPAj9_eBs:I9rz13gbqHY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=WRdPAj9_eBs:I9rz13gbqHY:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/WRdPAj9_eBs" height="1" width="1" alt=""></div> Posted by Reuters