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HAVERTY FURNITURE COMPANIES FILES REGISTRATION STATEMENT WITH SEC

 ATLANTA, March 12 /PRNewswire/ -- Haverty Furniture Companies, Inc. (NASDAQ-NMS: HAVT HAVTA) today announced that it has filed a Registration Statement with the Securities and Exchange Commission covering 1,250,000 shares of common stock to be issued by the company in an underwritten public offering.
 The underwriters are led by The RobinsH?umphrey Company, Inc., and Legg Mason Wood Walker, Incorporated. The company anticipates that the proposed sale to the public will commence in early April.
 The proceeds of the offering will be utilized to remodel and expand existing stores, to open new stores and for other general corporate purposes. On an interim basis, the net proceeds are to be applied to repay short-term debt.
 Haverty's currently operates 87 retail furniture showrooms in 11 states throughout the Southeast and Southwest. The company's two classes of common shares are quoted on the NASDAQ National Market System under the symbols HAVT and HAVTA.
 A registration statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor any offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 A written prospectus may be obtained from: The Robinson-Humphrey Company, Inc., 3333 Peachtree Road N.E., Atlanta, GA 30326; or Legg Mason Wood Walker, Incorporated, 111 Calvert St., Baltimore, MD 21203.
 -0- 3/12/93
 /CONTACT: Dennis L. Fink, senior vice president, Finance, of Haverty Furniture Companies, 404-881-1911/
 (HAVT)


CO: Haverty Furniture Companies, Inc. ST: Georgia IN: REA SU: OFR

BN-BR -- AT004 -- 5452 03/12/93 11:01 EST
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Publication:PR Newswire
Date:Mar 12, 1993
Words:316
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