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KERR GLASS SAYS HART-SCOTT-RODINO ACT COMPLIANCE HAS BEEN COMPLETED IN SALE OF GLASS CONTAINER BUSINESS

 KERR GLASS SAYS HART-SCOTT-RODINO ACT COMPLIANCE
 HAS BEEN COMPLETED IN SALE OF GLASS CONTAINER BUSINESS
 LOS ANGELES, Jan. 10 /PRNewswire/ -- Kerr Glass Manufacturing Corp. (NYSE: KGM) said that Hart-Scott-Rodino Act compliance has been completed with respect to the agreement for the sale of its commercial glass container business to Ball Corp. of approximately $70 million. Roger W. Norian, chief executive officer of Kerr, said that the sale is subject to approval by Kerr stockholders. He said that he expected a stockholder meeting for that purpose would be held in February 1992. Mailing of proxy materials with respect to the stockholder meeting will occur after the Securities and Exchange Commission review of the materials is completed.
 -0- 1/9/92
 /CONTACT: D. Gordon Strickland, senior VP-finance and CFO of Kerr Glass, 213-284-2585/
 (KGM) CO: Kerr Glass Manufacturing Corp.; Ball Corp. ST: California IN: SU: TNM


KJ-CH -- LA010 -- 8727 01/10/92 15:53 EST
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Publication:PR Newswire
Date:Jan 10, 1992
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