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To: PartyTime who wrote (7117)	5/18/1998 12:44:00 PM
From: Fredman	Respond to of 18444

Dart Group is a BB selling at around $115.00 a share, or something ridiculous like that.

To: PartyTime who wrote (7117)	5/18/1998 5:59:00 PM
From: TLWatson59	Respond to of 18444

This may explain why Dart Group became a BB stock. Insufficient number of public shareholders. 96 pct of Dart Group <DART.O> tendered, accepted RICHMOND, Va., May 13 (Reuters) - Richfood Holdings Inc said Wednesday about 96 percent of Dart Group Corp's shares were tendered in response to Richfood's $160.00 per share cash tender offer and have been accepted for payment. According to a preliminary count, 1,180,503 shares were tendered and not withdrawn, Richfood said, noting the offer expired at 2400 EDT May 12/0400 GMT May 13. The offer will be followed by the merger in which each Dart Group share not acquired in the tender offer, with the exception of dissenting shares and shares owned, directly or indirectly, by Dart or Richfood, will be converted into the right to receive $160.00 cash. Dart Group, headquartered in Landover, Md., comprises Shoppers Food Warehouse, a 100 percent-owned chain of 37 price-impact supermarkets operating in the greater Washington, D.C, market; 67 percent of Trak Auto Corp <TRKA.O>, a retailer of auto parts, 52 percent of Crown Books Corp <CRWN.O>, a retailer of popular books and Total Beverage, a 100 percent owned discount beverage retailer based in Washington, D.C. Richfood, headquartered in Richmond, Va., is the largest wholesale food distributor in the Mid-Atlantic operating region. 11:11 05-13-98 Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similiar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.