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SUN DISTRIBUTORS L.P. ANNOUNCES POSSIBLE RESTRUCTURING OR SALE OF ASSETS

 PHILADELPHIA, Sept. 13 /PRNewswire/ -- Sun Distributors, L.P. (NYSE: SDP) announced today that the board of directors of its general partner is exploring ways of enhancing partnership values and has authorized the engagement of financial advisers for that purpose.
 Transactions to be considered include a possible restructuring or sale of assets and liquidation. In the event of a sale of assets and liquidation, holders of Class A limited partnership interests would only be entitled to a liquidation preference of $10. Class A interests have been trading recently in a range around $11-1/2. There can be no assurance at this time that any transaction will result from this exploration.
 /delval/
 -0- 9/13/93
 /CONTACT: Louis J. Cissone of Sun Distributors, 215-665-3650/
 (SDP)


CO: Sun Distributors L.P. ST: Pennsylvania IN: SU:

MJ-CC -- PH029 -- 1451 09/13/93 16:22 EDT
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Publication:PR Newswire
Date:Sep 13, 1993
Words:141
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