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HADSON ANNOUNCES EXTENSION OF VOTING DEADLINE FOR PRE-PACKAGED BANKRUPTCY

 HADSON ANNOUNCES EXTENSION OF VOTING DEADLINE
 FOR PRE-PACKAGED BANKRUPTCY
 OKLAHOMA CITY, Sept. 25 /PRNewswire/ -- Hadson Corporation (NYSE: HAD) announced today that it has commenced mailing to all stockholders and holders of Hadson's 7-3/4 percent convertible subordinated debentures supplemental proxy materials related to the previously announced modifications of its pre-packaged bankruptcy plan. A registration statement with respect to the modified plan has been declared effective by the Securities and Exchange Commission. The deadline for receiving votes to accept or reject the proposed plan of reorganization has been extended to 5:00 p.m. New York City time on Oct. 13, 1992.
 Hadson Corporation is an independent producer and supplier of energy products and services. Hadson has continuing operations in natural gas and gas liquids through its subsidiary Hadson Energy Products and Services, Inc. ("HEPSI"). HEPSI is not a party to Hadson Corporation's debt agreements and will not be a party to Hadson's bankruptcy proceedings.
 -0- 9/25/92
 /CONTACT: J. Michael Adcock, president and chief operating officer of Hadson Corporation, 405-235-9531/
 (HAD) CO: Hadson Corporation ST: Oklahoma IN: OIL SU:


AH-PS -- NY060 -- 3679 09/25/92 17:32 EDT
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Publication:PR Newswire
Date:Sep 25, 1992
Words:189
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