YUCAIPA ACQUISITION OF SMITTY'S IS FINAL

PHOENIX -- Yucaipa Cos. has completed its acquisition of Smitty's Super Valu here.mpany will remain a separate corporation with its headquarters here.Yucaipa will work with Smitty's management, the spokesman said, "to continue the improvement of Smitty's stores and operations" with a $25 million capital commitment.The funds will be used over the next 24 months to remodel and upgrade existing Smitty's

PHOENIX -- Yucaipa Cos. has completed its acquisition of Smitty's Super Valu here.

mpany will remain a separate corporation with its headquarters here.

Yucaipa will work with Smitty's management, the spokesman said, "to continue the improvement of Smitty's stores and operations" with a $25 million capital commitment.

The funds will be used over the next 24 months to remodel and upgrade existing Smitty's stores and to "aggressively pursue the company's new-store

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