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MEGAFOODS STORES INC. EXERCISES OVER-ALLOTMENT OPTION

 MESA, Ariz., Dec. 28 /PRNewswire/ -- Megafoods Stores Inc. (NASDAQ: MEGF) announced that, on Dec. 21, 1992, PaineWebber Inc. and Piper Jaffray Inc., on behalf of the underwriters had agreed to purchase an additional 200,000 shares of common stock of the company in exercise of the over-allotment option granted to them in connection with the company's recent public offering. All 200,000 shares will be sold by the company and none by the selling shareholders.
 -0- 12/28/92
 /CONTACT: Dean Miller of Megafoods Stores, 619-431-7213/
 (MEGF)


CO: Megafoods Stores Inc. ST: Arizona IN: REA SU:

EH-BP -- LA021 -- 0078 12/28/92 13:20 EST
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Publication:PR Newswire
Date:Dec 28, 1992
Words:105
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