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 8-1/4 pct debentures due March 1, 1989. The planned offer for common stock holders calls for the company to exchange either 30 dlrs in cash, or 35 dlrs principal amount of 13 pct subordinated debentures due September 1, 1997, 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 13 pct debentures due September 1, 1997 for each outstanding one dlr principal amount of 8-1/4 pct debentures.