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PARK INNS CLARIFIES ITS OFFER

 PARK INNS CLARIFIES ITS OFFER
 SAN FRANCISCO, March 20 /PRNewswire/ -- Park Inns International


Inc. wishes to clarify its position regarding Nendels Corp. (NASDAQ: NEND). Park Inns has made a merger proposal to Nendels; it is not a tender offer or proxy solicitation of Nendels shareholders, as has been reported. The proposal from Park Inns is to transfer certain of its operations to Nendels in exchange for new shares representing control of the merged operation.
 On March 12, John P. Matlick, John F. Rothman, and Aspinone Ventures Ltd., the parent of Park Inns, filed a Schedule 13D with the SEC stating their intentions to call a meeting of the shareholders of Nendels to: i) increase the number of directors; ii) elect the new directors; and iii) present the proposed merger transaction for shareholder approval.
 Park Inns and affiliates remain confident of the merits of the proposal.
 -0- 3/20/92
 /CONTACT: Jonathan R. Read of Park Inns International, 415-362-0987/
 (NEND) CO: Park Inns International; Nendel ST: California IN: LEI SU: TNM


RM -- SF009 -- 0277 03/20/92 17:56 EST
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Publication:PR Newswire
Date:Mar 20, 1992
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