	knoll to buy american savings aaa shares american savings and loan association of florida said knoll international holdings inc has offered to purchase new shares of american savings for mln dlrs and the board has accepted knoll s offer knoll already owns shares or pct of american savings american savings said the purchase will resolve a previously announced disagreement between american savings and the federal home loan bank of atlanta on the replacement of the capital american savings used to repurchase common shares in january from former chairman marvin l warner it said completion of the transaction would give knoll pct ownership in american savings american savings said knoll also had talks with chairman of the executive committee shepard broad and chairman morris broad on the purchase of their american savings shares as well at dlrs each but no agreement was reached american savings said the company said knoll s offer to buy the new shares is not conditioned on other purchase of common stock from any person or entity it said its previously announced engagement of salomon inc sb to evaluate alternatives to enhance shareholder values including the possible sale of american savings is still being actively pursued reuter 
