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AMERICAN STORES COMPANY ANNOUNCES EXPIRATION OF WAITING PERIOD FOR SALE OF JEWEL OSCO STORES

 AMERICAN STORES COMPANY ANNOUNCES EXPIRATION
 OF WAITING PERIOD FOR SALE OF JEWEL OSCO STORES
 SALT LAKE CITY, March 2 /PRNewswire/ -- American Stores Co. (NYSE: ASC) stated today that the Federal Trade Commission's waiting period, under the Hart-Scott-Rodino Act, for the sale of 74 Jewel Osco stores to Albertson's Inc. expired on Feb. 29, 1992. The sale of the combination food/drug stores is anticipated to close in April, and is subject to normal conditions.
 -0- 3/2/92
 /CONTACT: Cal Drecksel (investors) or Troy D'Ambrosio (media), 801-539-0112, both of American Stores Co./
 (ASC) CO: American Stores Co. ST: Utah IN: REA SU:


AL-KJ -- LA012 -- 3920 03/02/92 11:34 EST
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Publication:PR Newswire
Date:Mar 2, 1992
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