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Published on 1/23/2009 in the Prospect News Special Situations Daily.

Royce trims equity investment in Arden Group to 5.5%

By E. Janene Geiss

Philadelphia, Jan. 23 - Royce & Associates, LLC reported a slight decrease in its investment in Arden Group, Inc. as of Jan. 23, according to an SC 13G/A filing with the Securities and Exchange Commission.

That represents a passive stake of 5.50%, or 173,700 shares.

Those holdings are down from the passive stake of 5.92%, or 187,000 shares, that the investor reported owning on Dec. 31, 2007, according to another SC 13G/A filing.

Arden Group is a Compton, Calif., supermarket operator.


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