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Stores and 9 of its newly acquired southern California Lucky
Stores, together with most of the related Alpha Beta support
facilities. The California consent decree did not require
petitioner to divest any supermarkets in northern California or
Nevada beyond those specified in the November 7, 1989,
modification.
On June 17, 1991, pursuant to the California consent decree,
American Stores sold its stock in Alpha Beta Company for
approximately $251 million to Food-4-Less Supermarkets, Inc. At
the time of the sale, the assets of Alpha Beta included 145
stores located in southern California. The attorney general of
California and the District Court approved this transaction as
fulfilling the requirements of the settlement agreement and the
California consent decree.
From June 2, 1988, and continuing throughout the course of
antitrust litigation with California, Lucky Stores was a member
of American Stores’ consolidated group. As such, American Stores
included Lucky Stores in its consolidated financial statements
and consolidated Federal income tax returns. Lucky Stores
accounted for $3,697,086,836 of the total American Stores’
affiliated group gross revenue of $19,096,763,598 for the 1989
tax year (Lucky Stores was only a member of American Stores’
consolidated group during the 1989 tax year for the period from
June 2, 1988 to January 28, 1989) and $6,281,249,713 of the total
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