QUALITY FOOD BEGINS 7 MILLION SHARE OFFER

BELLEVUE, Wash. -- Quality Food Centers here said it has begun a tender offer to purchase up to 7 million shares of its common stock at a cash price of $25 per share.that will make Zell/Chilmark, a Chicago-based investment partnership, the chain's largest equity shareholder.Although the company said it will not release final annual financial results until tomorrow, it reported preliminary unaudited

BELLEVUE, Wash. -- Quality Food Centers here said it has begun a tender offer to purchase up to 7 million shares of its common stock at a cash price of $25 per share.

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