BUSINESSMAN HAS 5.7 PCT OF ARDEN GROUP <ARDNA>
Saul Brandman, a California business
executive, told the Securities and Exchange Commission he has
acquired 118,714 shares of Arden Group Inc, or 5.7 pct of the
total outstanding common stock.
    Brandman, chairman of Domino of California Inc, a Los
Angeles garment maker, said he bought the stake for 3.1 mln
dlrs for investment purposes.
    He said he may buy more Arden Group shares, or he may sell
some or all of his current stake. He also said he has no plans
to seek control of the company.
 Reuter
