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DR PEPPER BOTTLING COMPANY OF TEXAS ANNOUNCES EXTENSION OF TENDER OFFER

 DALLAS, Feb. 10 /PRNewswire/ -- Dr Pepper Bottling Company of Texas today announced it is extending until 5 p.m., New York City time, today, its tender offer for up to all of its outstanding senior subordinated discount notes due 1998 (the discount notes). As of 5 p.m., on Feb. 9, 1993, the previously scheduled expiration of the tender offer, the company's depositary had received tenders in respect of approximately $154.7 million principal amount, or approximately 95.5 percent, of discount notes outstanding.
 The tender offer is part of a recapitalization plan being pursued by the company and its parent, Dr Pepper Bottling Holdings, Inc., to reduce the aggregate amount of interest expense and preferred stock dividend requirements. The dealer manager for the tender offer is Donaldson, Lufkin & Jenrette Securities Corporation.
 -0- 2/10/93
 /CONTACT: C. Marvin Montgomery or Holly Lovvorn of Dr Pepper Bottling Company of Texas, 214-579-1024, or Stanley J. Kay of MacKenzie Partners, Inc., 212-929-5940, for Dr Pepper Bottling Company of Texas/


CO: Dr Pepper Bottling Company of Texas ST: Texas IN: SU: OFR

SM-TS -- NY018 -- 5030 02/10/93 09:26 EST
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Publication:PR Newswire
Date:Feb 10, 1993
Words:188
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