SALT LAKE CITY -- Industry watchers do not expect American Stores Co. here to significantly change its course following its repurchase of 12.2 million shares from L.S. (Sam) Skaggs and members of his family this week. ilable to the public in a secondary offering at a price that will be determined at the time of the offering. The repurchase and secondary offering will close a long chapter in the history of American Stores, during which Skaggs, the company's onetime chairman and chief ...
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