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FORD SELLS PREFERRED STOCK

 FORD SELLS PREFERRED STOCK
 DEARBORN, Mich., Nov. 13 /PRNewswire/ -- Ford Motor Company


(NYSE: F) has sold 40 million depositary shares of convertible preferred stock at $50 a share to underwriters led by Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Inc.
 The company is delighted with the transaction.
 For details on the terms contact Goldman, Sachs & Co. at 212-902-1000.
 -0- 11/13/91
 /CONTACT: Gene Koch of Ford, 313-322-9600/
 (F) CO: Ford Motor Company ST: Michigan IN: AUT SU: JT -- NY098 -- 4188 11/13/91 18:20 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:Nov 13, 1991
Words:89
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