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GRAND CASINOS FILES PUBLIC OFFERING OF COMMON STOCK

 GRAND CASINOS FILES PUBLIC OFFERING OF COMMON STOCK
 MINNEAPOLIS, March 27 /PRNewswire/ -- Grand Casinos, Inc.,


(NASDAQ-NMS: GRND) announced that it filed a registration statement with the Securities and Exchange Commission today relating to a proposed public offering of 2,000,000 shares of common stock to be sold by the company. The offering will be co-managed by Ladenburg, Thalmann & Co. Inc. and F.N. Wolf & Co., Inc.
 Grand Casinos, Inc. develops and manages casinos for Indian tribes on Indian land. The company intends to use the net proceeds of the proposed public offering to finance the development and construction of casinos to be managed by the company.
 The offering will be made only by means of a prospectus.
 The company's common stock is traded on the NASDAQ National Market System under the symbol GRND.
 -0- 3/27/92
 /CONTACT: Tom Brosig of Grand Casinos, 612-449-9092, or Michael Rosenbaum or Audrey Lowe of the Financial Relations Board, 312-266-7800, for Grand Casinos/
 (GRND) CO: Grand Casinos, Inc. ST: Minnesota IN: CNO SU: OFR


AL -- MN014 -- 2561 03/27/92 17:45 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 27, 1992
Words:180
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