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CAMELOT CLOSES GOLDSTAR ACQUISITION

 DALLAS, July 19 /PRNewswire/ -- Camelot Corporation (NASDAQ: CAML) has closed its previously announced acquisition of 40 percent of Goldstar Video Corporation ("Goldstar") of Freehold, N.J. As part of this transaction, Camelot acquired certain licenses and other assets from Goldstar and will develop these properties.
 Camelot is a holding company with a continuing policy of growth by acquisition, and has operating subsidiaries in video marketing and distribution, financial services and energy.
 -0- 7/19/93
 /CONTACT: Danny Wettreich, chairman and chief executive officer or Jeannette Fitzgerald, vice president and general counsel, both of Camelot Corporation, 214-733-3005/
 (CAML)


CO: Camelot Corporation; Goldstar Video Corporation ST: Texas, New Jersey IN: SU: TNM

LG -- NY072 -- 3110 07/19/93 13:32 EDT
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Publication:PR Newswire
Date:Jul 19, 1993
Words:119
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