Printer Friendly

AMERICAN STORES CO. ANNOUNCES PURCHASE

 AMERICAN STORES CO. ANNOUNCES PURCHASE
 SALT LAKE CITY, Nov. 11 /PRNewswire/ -- American Stores Co.


(NYSE: ASC) announced that its wholly owned subsidiary, American Drug Stores Inc., has agreed to purchase the inventories, fixtures and prescription files for 38 Rx Plus drug stores in Arizona. Additionally, the company stated it would assume the leases on 18 of those locations.
 The transaction is anticipated to close by the end of the calendar year.
 -0- 11/11/92
 /CONTACT: Cal Drecksel (investors), or Meredith Anderson (media), 801-539-0112, of American Stores/
 (ASC) CO: American Stores Co.; American Drug Stores Inc.; Rx Plus ST: Utah, Arizona IN: REA SU: TNM RLE


JB-LS -- LA030 -- 9907 11/11/92 17:21 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 11, 1992
Words:115
Previous Article:MOODY'S ASSIGNS CON.(Baa) RATING TO ONONDAGA COUNTY RESOURCE RECOVERY AGENCY PROJECT REVENUE BONDS
Next Article:HELLER ANNOUNCES NEW MANAGEMENT TEAM FOR LEVERAGED FUNDING GROUP'S SOUTHEAST DIVISION
Topics:


Related Articles
AMERICAN STORES CO. ANNOUNCES THIRD QUARTER SALES AND EARNINGS
AMERICAN DRUG STORES INC. TO PURCHASE CVS STORES IN SOUTHERN CALIFORNIA
AMERICAN STORES ANNOUNCES EXECUTION OF LETTER OF INTENT TO SELL 74 JEWEL/OSCO STORES TO ALBERTSON'S
AMERICAN DRUG STORES INC. COMPLETES THE PURCHASE OF CVS STORES IN SOUTHERN CALIFORNIA
AMERICAN STORES CO. ANNOUNCES FISCAL YEAR RESULTS; ALSO ANNOUNCES PROGRAM TO REPURCHASE UP TO 2 MILLION SHARES
AMERICAN STORES CO. ANNOUNCES AGREEMENT BETWEEN AMERICAN DRUG STORES INC. AND RELIABLE DRUG STORES
AMERICAN STORES CO. ANNOUNCES SECOND QUARTER SALES AND EARNINGS
AMERICAN STORES CO. TO ACQUIRE CLARK DRUGS
AMERICAN STORES COMPANY ANNOUNCES PROGRAM TO REPURCHASE UP TO 2 MILLION SHARES
AMERICAN STORES COMPANY AMENDS RIGHTS PLAN

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters