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CASH AMERICA ANNOUNCES SEC FILING OF 1.75 MILLION COMMON SHARE OFFERING

CASH AMERICA ANNOUNCES SEC FILING OF 1.75 MILLION COMMON SHARE OFFERING
 FORT WORTH, Texas, Dec. 24 /PRNewswire/ -- Cash America Investments, Inc. (NYSE: PWN), Fort Worth, Texas, announced today that it has filed a registration statement with the Securities and Exchange Commission relating to an offering of 1.75 million shares of common stock to be sold by the company and an additional 262,500 shares to cover over- allotments. The offering is to be managed by an underwriting syndicate to be formed by The Principal/Eppler, Guerin & Turner, Inc. and Cazenove Inc. The proceeds from the sale of the shares by the company will be used to fund the company's previously announced acquisition of the pawn brokerage assets of the Harvey & Thompson plc pawn shop division, and the balance will be used either for additional debt reduction or for general corporate purposes.
 The company and its wholly owned subsidiaries are engaged in acquiring, establishing and operating pawnshops that lend money on the security of pledged tangible personal property.
 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 prior to registration or qualification under the securities laws of any such state.
 -0- 12/24/91
 /CONTACT: Eugene M. Estep or Michele L. Rosenblum of Cash America Investments, 817-335-1100/
 (PWN) CO: Cash America Investments, Inc. ST: Texas IN: SU: OFR FC -- NY006 -- 5124 12/24/91 10:13 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 24, 1991
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