SALT LAKE CITY -- Although industry observers say American Stores Co. here is on the right financial track, its former chairman and largest stockholder may have other things in mind for the company. In a June 21 filing with the Securities and Exchange Commission, former chairman Lennie Sam Skaggs, who has an 18.3% stake in the company, said he was considering a number of strategies to enhance shareholder value. Options listed in the filing included an acquisition and disposition of ...

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