MERGER SAVINGS EXCEED ALBERTSON'S PROJECTIONS

BOISE, Idaho -- Albertson's here said last week cost savings from its merger with American Stores Co. exceeded expectations by $35 million during the fourth quarter ended Feb. 3.nticipated. He said the additional savings will be reinvested to increase sales "and build a stronger base for the future."The company said merger-related costs were in line with its original estimates, amounting to $551 million

BOISE, Idaho -- Albertson's here said last week cost savings from its merger with American Stores Co. exceeded expectations by $35 million during the fourth quarter ended Feb. 3.

nticipated. He said the additional savings will be reinvested to increase sales "and build a stronger base for the future."

The company said merger-related costs were in line with its original estimates, amounting to $551 million after taxes, or $1.30 per share, for the year, and $46 million net, or 1

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