EDELMAN CUTS LUCKY STORES <LKS> STAKE TO 4.8 PCT
A group led by New York investor
Asher Edelman said he lowered its stake in Lucky Stores Inc
<LKS> to 1,827,734 shares, or 4.8 pct of the total outstanding
common stock, from 1,930,734 shares, or 5.1 pct.
    In a filing with the Securities and Exchange Commission,
the Edelman group said it sold 103,000 Lucky Stores common
shares on March 9 and 10 at prices ranging from 28.625 to
30.375 dlrs a share.
    So long as Edelman's stake is below five pct he is not
required to report his dealings in Lucky Stores stock.
 Reuter
