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Boca Raton Capital Corp. makes announcement.


BOCA RATON, Fla.--(BUSINESS WIRE)--March 22, 1995--Boca Raton Capital Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BOCR BOCR Base Overhead Cost Recovery .U) announced today that its newly constituted board of directors is looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 alternatives to maximize shareholder value including seeking an appropriate merger candidate.

C. Lawrence Rutstein, a director, said, "The new board of directors is committed to maximizing shareholder value and believes that the economic and structural attributes of Boca Raton Capital Corporation present a viable opportunity for a business combination with a growing operating company operating company

A business that engages in transactions with outsiders.
."

Alan L. Jacobs was elected chief executive officer and president and Franklyn B. Weichselbaum was elected chief financial officer, treasurer and secretary.

Boca Raton Capital Corp. is a business development company whose shares are registered with the Securities and Exchange Commission under the Investment Company Act of 1940. The company, which was incorporated in Florida in 1987, has principal executive offices located at 6516 Via Rosa, Boca Raton, Fla. 33433.

CONTACT: Boca Raton Capital Corp., Boca Raton

Alan L. Jacobs, 407/368-2400, 407/394-9393 (fax)

or

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 Public Relations, New York

Joseph A. Mansi, 212/682-6300 ext. 205
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 22, 1995
Words:178
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