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AMERICAN DRUG STORES INC. COMPLETES THE PURCHASE OF CVS STORES IN SOUTHERN CALIFORNIA

 AMERICAN DRUG STORES INC. COMPLETES THE
 PURCHASE OF CVS STORES IN SOUTHERN CALIFORNIA
 OAK BROOK, Ill., Feb. 10 /PRNewswire/ -- American Drug Stores Inc. announced today that it has completed the acquisition of 63 drug stores and 22 health and beauty aid stores operated under the Consumer Value Stores ("CVS") trade name, from the CVS division of Melville Corp. These stores comprise all operating CVS stores in California.
 American Drug Stores is a subsidiary of American Stores Co. (NYSE: ASC) and operates two divisions -- Osco Drug headquartered in Oak Brook, which operates 257 drug stores and 225 combination drug stores (with Jewel Food Stores) in 22 states; and Sav-on headquartered in Anaheim, Calif., which operates 221 drug stores in California, Nevada and Arizona.
 -0- 2/10/92
 /CONTACT: Cal Drecksel (investors) or Troy D'Ambrosio (media), 801-539-0112, of American Stores Co./
 (ASC) CO: American Drug Stores; American Stores Co.; Melville Corp. ST: Illinois IN: REA SU: TNM


AL-CH -- LA037 -- 8441 02/10/92 16:07 EST
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Publication:PR Newswire
Date:Feb 10, 1992
Words:164
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