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GREAT AMERICAN ANNOUNCES RECORD DATE FOR SPIN-OFF OF EAGLE INDUSTRIES,INC

 GREAT AMERICAN ANNOUNCES RECORD DATE
 FOR SPIN-OFF OF EAGLE INDUSTRIES,INC
 CHICAGO, Oct. 5 /PRNewswire/ -- Great American Management and Investment Inc. (NASDAQ: GAMI) announced today that on Oct. 2, 1992, the company declared a stock dividend of one share of Eagle Industries Inc. common stock for each share of Great American payable to stockholders of record on Oct. 13, 1992. The spin-off will take place on Oct. 30, 1992 with the new Eagle stock certificates being mailed to stockholders on or about Nov. 6, 1992.
 Eagle will begin trading, under the ticker symbol of EGLI, in the over-the-counter market of the National Association of Securities Dealers Automated Quotation System on Nov. 9, 1992. Prior to that date Great American will trade with "due bills" for the common stock of Eagle.
 -0- 10/5/92
 /CONTACT: Susan Obuchowski, vice president of investor relations of Equity Group Investments Inc., 312-466-4010/
 (GAMI) CO: Great American Management and Investment Inc.; Eagle Industries
 Inc. ST: Illinois IN: SU: DIV


TS -- NY017 -- 6399 10/05/92 08:16 EDT
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Publication:PR Newswire
Date:Oct 5, 1992
Words:173
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