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1,150,000 WALBRO CORPORATION COMMON SHARES OFFERED AT $25.50

 1,150,000 WALBRO CORPORATION COMMON SHARES OFFERED AT $25.50
 CASS CITY, Mich., March 3 /PRNewswire/ -- Walbro Corporation (NASDAQ-NMS: WALB) announced today the public offering of 1,150,000 shares of its common stock at $25.50 per share. One million shares were offered by the company and 150,000 were offered by certain selling stockholders. The managing underwriters for the offering are Stifel, Nicolaus & Company, Incorporated, Robert W. Baird & Co. Incorporated and Interstate/Johnson Lane Corporation.
 Walbro Corporation designs and manufactures a wide range of precision fuel systems products for the global automotive and small engine markets. The company manufactures electric fuel pumps, fuel modules, fuel level sensors and fuel rails for sale to automobile manufacturers. Products manufactured for the small engine market include carburetors and ignitions for chain saws, outboard marine engines, industrial engines and lawn and garden equipment, such as lawn mowers and weed trimmers.
 The net proceeds of the offering will be used for the repayment of bank debt and an additional investment in Walbro's European joint venture with Magneti Marelli S.p.A. of Italy.
 This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 3/3/92
 /CONTACT: L.E. Althaver, Forrest Walpole or Gary Vollmar of Walbro Corporation, 517-872-2131/
 (WALB) CO: Walbro Corporation ST: Michigan IN: AUT SU: OFR


SB-ML -- DE011 -- 4406 03/03/92 10:24 EST
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Publication:PR Newswire
Date:Mar 3, 1992
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