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DETROIT & CANADA TUNNEL ANNOUNCES TERMINATION OF TENDER OFFER

 DETROIT & CANADA TUNNEL ANNOUNCES TERMINATION OF TENDER OFFER
 DETROIT, June 12 /PRNewswire/ -- Detroit & Canada Tunnel Corporation (NASDAQ: DTUN) announced today that the issuer tender offer it commenced on May 12, 1992, to purchase up to 150,000 shares of its outstanding common stock at a price of $29.00 per share, has been terminated in order to avoid the expense and disruption of shareholder litigation. Shares tendered pursuant to the offer will be returned.
 -0- 6/12/92 R
 /CONTACT: Donald M. Vuchetich of Detroit & Canada Tunnel Corporation, 313-567-4422/
 (DTUN) CO: Detroit & Canada Tunnel Corporation ST: Michigan IN: TRN SU: OFR


ML -- DE006 -- 9638 06/12/92 11:45 EDT
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Publication:PR Newswire
Date:Jun 12, 1992
Words:110
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