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THE ALDEN PRESS COMPANY OFFERS 2,500,000 COMMON SHARES AT $9.00 PER SHARE

 THE ALDEN PRESS COMPANY OFFERS 2,500,000
 COMMON SHARES AT $9.00 PER SHARE
 ELK GROVE VILLAGE, Ill., Aug. 18 /PRNewswire/ -- William Blair & Company, manager of the underwriting group, announced today the initial public offering of 2,500,000 shares of The Alden Press Company (NASDAQ-NMS: ALDN) common stock at $9.00 per share. All of the shares are being sold by the company.
 Proceeds to the company will be used to prepay certain indebtedness, redeem outstanding preferred stock and reduce borrowings under the company's credit.
 Headquartered in Elk Grove Village, Ill., The Alden Press Company is one of the leading suppliers in the United States of comprehensive pre- press, printing and distribution services for a broad range of catalog and other direct-mail marketers.
 This communication shall not constitute an offer to sell or the solicitation of an offer to buy these securities, which may be offered only by means of a prospectus, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.
 Copies of the prospectus may be obtained from William Blair & Company, 135 South LaSalle St., Chicago, Ill. 60603, Attention: Information Services (telephone: 312-236-1600).
 -0- 8/18/92
 /CONTACT: Jerome Spier, president and CEO of Alden Press, 708-640-6000, or Philip Reitz of William Blair & Company, 312-236-1600/
 (ALDN) CO: Alden Press Company ST: Illinois IN: PUB SU: OFR


PS-SM -- NY031 -- 0896 08/18/92 11:05 EDT
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Publication:PR Newswire
Date:Aug 18, 1992
Words:249
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