CAMPEAU SAYS IT IS NOT PART OF SEC PROCEEDING
<Campeau Corp> said it is not involved
in the Securities and Exchange Commission's administrative
proceeding against Allied Stores Corp, which Campeau acquired
at the end of last year.
    In a statement, the company said, "The SEC action involves
events that occurred prior to Campeau's acquisition of Allied
relating to the alleged failure of Allied to make certain
disclosures. Consequently, Campeau is not subject to the
procedings."
 Reuter
