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PLAYORENA TERMINATES LETTER OF INTENT WITH LIFECARE INVESTMENT

 ROSLYN HEIGHTS, N.Y., Feb. 23 /PRNewswire/ -- Playorena Inc. (PLEX) announced today that it had terminated its letter of intent with Lifecare Investments, Inc. regarding the proposed acquisition of Playorena, Inc. of the Tudor Time Childcare Systems, Inc. subsidiary of LCI in exchange for common stock of Playorena, Inc.
 Playorena, Inc. is an operator of parent-child play and exercise centers.
 -0- 2/23/93
 /CONTACT: Fred Jaroslow of Playorena, 516-484-1230/


CO: Playorena Inc.; Lifecare Investments, Inc. ST: New York IN: SU: TNM

SM-TS -- NY061 -- 9448 02/23/93 13:23 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 23, 1993
Words:91
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