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BERGEN BRUNSWIG DECLARES REGULAR DIVIDEND, NAMES NEW DIRECTOR, REALIGNS SENIOR MANAGEMENT, PURCHASES STOCK

 BERGEN BRUNSWIG DECLARES REGULAR DIVIDEND, NAMES NEW DIRECTOR,
 REALIGNS SENIOR MANAGEMENT, PURCHASES STOCK
 ORANGE, Calif., April 16 /PRNewswire/ -- At a meeting on April 16, 1992, the board of directors of Bergen Brunswig Corp. (AMEX: BBC) declared a regular quarterly dividend of 10 cents per share on the Class A Common Stock and 95.285 cents per share on the Class B Common Stock, both payable June 1, 1992 to shareowners of record at the close of business on May 1, 1992.
 Jose E. Blanco Sr., chairman of the board of J.M. Blanco Inc., was named to serve as a Class B director. He will complete the unexpired term of the late Emil P. Martini Jr., former BBC chairman. Blanco, a native of San Juan, Puerto Rico, is a graduate of the College of the Holy Cross, Worcester, Mass. and has more than 40 years experience in pharmaceutical distribution and related service.
 Six senior officers of the company have expanded roles. Robert E. Martini, former president and chief executive officer, has been named chairman of the board and chief executive officer. His career at Bergen Brunswig began in 1956. He was elected to the board of directors in 1962.
 Dwight A. Steffensen, former executive vice president and chief operating officer, is president and chief operating officer. Steffensen joined Bergen Brunswig in 1985 when Synergex was merged with BBC. In that year he was elected to the board of directors.
 Four executive vice presidents were designated with functional responsibilities as follows: Neil F. Dimick, executive vice president, chief financial officer; Phillip R. Engle, executive vice president, president-drug operations; Milan A. Sawdei, executive vice president, chief legal officer, assistant secretary; Denny W. Steele, executive vice president, chief information officer.
 The board also today authorized the purchase of all the shares of the corporation's Class A Common Stock owned by the estate of Emil P. Martini Jr., the corporation's former chairman who died on March 16, 1992. The block purchase was made at $21.3125 per share, representing the average of the high and low sales prices on the American Stock Exchange on April 16, 1992.
 Pursuant to a previously announced program to spend up to $200 million to purchase its stock from time to time, the corporation will have acquired an aggregate of 7,098,725 shares of Class A Common Stock and 10,000 shares of Class B Common Stock, including the shares to be purchased from the Martini estate, at a total cost of $148 million.
 Bergen Brunswig is one of the nation's largest distributors of prescription pharmaceuticals and other health care products and, pending consummation of the sale of Commtron, the largest national distributor of prerecorded video cassettes.
 -0- 4/16/92
 /CONTACT: John T. Fay Jr., VP-corporate affairs, secretary of Bergen Brunswig, 714-385-4000/
 (BBC) CO: Bergen Brunswig Corp. ST: California IN: MTC SU: DIV PER


AL -- LA026 -- 9508 04/16/92 16:46 EDT
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Publication:PR Newswire
Date:Apr 16, 1992
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