	arden group ardna o plans issuer tender arden group inc said it filed a registration statement with the securities and exchange commission covering two issuer tender offers it said one offer its directed to its class a common stock holders and another to holders of its pct debentures due march the planned offer for common stock holders calls for the company to exchange either dlrs in cash or dlrs principal amount of pct subordinated debentures due september or one share of a new class b common stock for each class a share held arden group said it also said the cash payment is subject to proration in addition the company said it plans to offer to exchange one dlr principal amount of pct debentures due september for each outstanding one dlr principal amount of pct debentures reuter 
