Attached files

file filename
8-K - FORM 8-K - ARDEN GROUP INCarden_8k-050212.htm
Arden Group, Inc.
 
 
 
CONTACT: Patricia S. Betance Exhibit 99.1
  Assistant Secretary Page 1 of 1
     
     
     
TELEPHONE:  310/638-2842  FOR IMMEDIATE RELEASE
  NASDAQ/NMS-ARDNA
SOUTHERN CALIFORNIA
 

Arden Group, Inc. Lease Assignment

LOS ANGELES, CA  May 2, 2012 – Arden Group, Inc. (Nasdaq–ARDNA)  announced that effective May 1, 2012, it completed the assignment of the lease for its Gelson’s Northridge store to a third party on the terms previously disclosed.  Consequently, Gelson’s has no further obligations under the lease.







Post Office Box 512256, Los Angeles, California 90051-0256 (310) 638-2842
2020 South Central Avenue, Compton, California 90220 FAX: (310) 631-0950