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ADT-LINKED DEBENTURES PURCHASED

 BURLINGTON, Ont., Jan. 6 /PRNewswire/ -- Laidlaw Inc. today announced that a group of Canadian investment banks led by RBC Dominion Securities Inc. has completed the purchase of U.S. $235,000,000 6.00 percent ADT-Linked Convertible Debentures due Jan. 15, 1999 and Cdn. $59,850,000 6.75 per cent ADT-Linked Convertible Debentures due Jan. 15, 1999.
 On maturity, each debenture will allow the holder to participate in an increase in the market price of common shares of ADT Limited above U.S. $9.00 to a maximum of $12.60. Laidlaw Inc. will have the option to satisfy its obligations on conversion or upon the repayment of the principal amount of the debentures in ADT Common Shares, Laidlaw Class B Non-Voting Shares or cash, or a combination thereof.
 -0- 1/6/94
 /CONTACT: Les Haworth, senior vice president and CFO of Laidlaw 905-336-1800/
 (LDW ADT)


CO: Laidlaw Inc.; ADT Limited ST: Ontario IN: SU:

PS -- NY032 -- 6980 01/06/94 10:26 EST
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Publication:PR Newswire
Date:Jan 6, 1994
Words:165
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