ALLIED SUPERMARKETS <ASU> FILES PROPOSED MERGER
Allied Supermarkets Inc said it filed a
registration statement with the Securities and Exchange
Commission for a proposed merger with <The Vons Companies>, a
supermarket, combination store operator.
    Allied said the statement covers 140 mln dlrs of senior
subordinated discount debentures and 100 mln dlrs of
subordinated debentures, principal amounts, with a proposed
aggregate offering price of about 100 mln dlrs for each issue.
    Drexel Burnham Lambert Inc and Donaldson, Lufkin and
Jenrette Securities Inc are co-underwriters of both issues,
which Allied expects to offer in early June, Allied said.
 Reuter
