Lucky Stores' board met but made no statement. - Los Angeles Times
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Lucky Stores’ board met but made no statement.

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Further details of the Dublin, Calif., retailer’s restructuring had been expected to emerge from the regularly scheduled meeting, which lasted until evening, but a company official said no announcement would be issued until this morning. It is anticipated that the company, which is attempting to fend off a takeover threat by investor Asher B. Edelman, will reveal plans to dispose of its specialty stores. In trading Thursday on the New York Stock Exchange, Lucky shares closed at $34, up 50 cents.

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