Lucky Stores’ board met but made no statement.
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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