OTHER NEWS - Feb. 10, 1993

Investor Group Bids for Univa: Univa Inc., a Canadian food distributor and retailer, said it received an $8.68-a-share, or $1.26-billion, cash acquisition offer from an investor group led by the New York investment banking firm Blackstone Capital Partners. The proposal is almost assured of success because the investor group includes Unigesco Inc., a Montreal-based distributor of food, hardware and renovation products that owns 26% of Univa’s shares. Univa has a 40% share of the supermarket business in Quebec.