ARVIN TO OFFER COMMON SHARES
ARVIN TO OFFER COMMON SHARES COLUMBUS, Ind., Sept. 2 /PRNewswire/ -- Arvin Industries, Inc.
(NYSE: ARV) today reported that it has filed a Registration Statement with the Securities and Exchange Commission covering the proposed offering of 2,000,000 of its common shares. The managing underwriters for the offering, Merrill Lynch & Co. and Lehman Brothers, have been granted the option to purchase an additional 300,000 shares to cover any overallotments.
A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This announcement shall not constitute an offer to sell or a solicitation of any 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. Copies of the prospectus relating to the offering may be obtained from Merrill Lynch & Co. at World Financial Center, North Tower, 250 Vesy Street, New York, N.Y. 10281, or Lehman Brothers at American Express Tower, World Financial Center, New York, N.Y. 10285. Arvin Industries, Inc. is an international manufacturing company supplying automotive parts and related products and services in more than 100 countries throughout the world. -0- 9/2/92 /CONTACT: John Brown of Arvin Industries, Inc., 812-379-3389/ (ARV) CO: Arvin Industries, Inc. ST: Indiana IN: AUT SU: OFR
BM -- CL006 -- 5817 09/02/92 10:11 EDT
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|Date:||Sep 2, 1992|
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