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CROWNAMERICA EXTENDS TENDER OFFER

 DALTON, Ga., April 20 /PRNewswire/ -- The board of directors of CrownAmerica, Inc. has extended the tender offer contained in the Offer to Purchase dated March 23, with a new expiration date of May 4.
 The offer originally was scheduled to expire on April 20.
 CrownAmerica said the terms and conditions of the offer have not changed. Shares already tendered may be withdrawn at any time prior to the new expiration date of May 4.
 As of April 20, 411,783 shares had been tendered and not withdrawn under the terms of the offer.
 CrownAmerica, Inc. is a leading supplier of processed filament yarns for the carpet industry. Its subsidiaries operate plants in Dalton and near Heerlen in the Netherlands. The company is headquartered in Dalton.
 -0- 4/20/93
 /CONTACT: Lane Hamilton or George Hamilton of CrownAmerica, 706-278-1422/


CO: CrownAmerica, Inc. ST: Georgia IN: TEX SU: OFR

BR-BN -- AT015 -- 8235 04/20/93 15:29 EDT
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Publication:PR Newswire
Date:Apr 20, 1993
Words:156
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