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BAREFOOT INC. FILES PUBLIC OFFERING

 WORTHINGTON, Ohio, March 11 /PRNewswire/ -- Barefoot Inc. (NASDAQ/NMS: BARE) announced today that it filed a registration statement with the Securities and Exchange Commission covering a proposed public offering of 1,500,000 shares of common stock. 1,000,000 of the shares are being sold by Golder, Thoma, Cressey Fund III representing approximately half of the fund's Barefoot shares. The remaining 500,000 will be sold by Barefoot to retire subordinated notes and acquisition indebtedness.
 William Blair & Company and Kidder, Peabody & Co. Incorporated will co-manage the underwriting group.
 Barefoot's subsidiary, Barefoot Grass Lawn Service, is the second largest professional lawn care company in the United States, with operations in 75 metropolitan markets.
 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 press release 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 under the securities laws of any such state.
 -0- 3/11/93
 /CONTACT: Michael R. Goodrich, vice president-finance, Barefoot Inc., 614-846-1800; or Wayne P. Lockwood, William Blair & Company, 312-236-1600, for Barefoot Inc./
 (BARE)


CO: Barefoot Inc. ST: Ohio IN: CHM SU: OFR

KK -- CL009 -- 5021 03/11/93 09:58 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:248
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