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BIDS SOLICITED FOR COLLEGE BOUND SUBSIDIARY

 BIDS SOLICITED FOR COLLEGE BOUND SUBSIDIARY
 FORT LAUDERDALE, Fla., May 11 /PRNewswire/ -- Joseph V. Del Raso,


the court-appointed receiver of College Bound, Inc., (CBI), announced today that College Bound's principal subsidiary, The Ronkin Educational Group, will continue in operation while bids are solicited from prospective buyers. The company will continue operating 50 of the original 150 centers.
 "We have taken affirmative steps and have provided for interim payroll so prospective purchasers may be offered an operational entity," Del Raso said.
 Joseph V. Del Raso is a partner with the Fort Lauderdale office of the law firm Holland & Knight. Its office is located at One East Broward Blvd. The telephone number is 305-525-1000.
 Holland & Knight is the state of Florida's largest law firm.
 -0- 5/11/92
 /CONTACT: Jane Swanko of Jane Swanko Marketing & Media, 305-663-0770 or 305-663-0977/ CO: College Bound, Inc.; The Ronkin Educational Group;
 Holland & Knight ST: Florida IN: SU:


SS-JJ -- FL007 -- 8511 05/11/92 10:14 EDT
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Publication:PR Newswire
Date:May 11, 1992
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