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LONGS TO PURCHASE BILL'S DRUGS

 WALNUT CREEK, Calif>,DJuly 21 /PRNewswire/ -- Longs Drug Stores California Inc. (NYSE: LDG) today announced that it has reached an agreement in principle with Bill's Drugs Inc. for its acquisition of 21 drug stores owned by Bill's Drugs. Bill's Drugs Inc. is a privately owned firm operating drug stores in Northern California. The acquisition remains subject to the parties' entering into a definitive agreement and to other customary conditions.
 -0- 7/21/93
 /NOTE TO EDITORS: For information regarding Bill's Drugs, contact Bill Eames of Bill's Drugs at 707-747-0500./
 /CONTACT: Bill Combs of Longs Drug Stores, 510-210-6726/
 (LDG)


CO: Longs Drug Stores California Inc.; Bill's Drugs Inc. ST: California IN: REA SU: TNM

GT-LH -- SF009 -- 4067 07/21/93 15:02 EDT
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Publication:PR Newswire
Date:Jul 21, 1993
Words:122
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