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COLLINS & AIKMAN'S SALE OF ITS KAYSER-ROTH SUBSIDIARY NOW TARGETED TO CLOSE IN FIRST QUARTER OF 1994

 CHARLOTTE, N.C., Dec. 29 /PRNewswire/ -- Collins & Aikman Group, Inc. today announced that the sale of its Kayser-Roth Corporation subsidiary to Legwear Acquisition Corporation, which was previously targeted to close by the end of December 1993, is now targeted to close in the first quarter of 1994. The sale is subject to financing and customary closing conditions.
 -0- 12/29/93
 /CONTACT: Paul Meeks of Collins & Aikman Group, 704-548-2350/


CO: Collins & Aikman Group, Inc.; Kayser-Roth Corporation;
 Legwear Acquisition Corporation ST: North Carolina IN: TEX SU: TNM


MM -- CH006 -- 7714 12/29/93 08:27 EST
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Publication:PR Newswire
Date:Dec 29, 1993
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