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J. BAKER AND MORSE SHOE HOLD TALKS CONCERNING POSSIBLE MERGER

J. BAKER AND MORSE SHOE HOLD TALKS CONCERNING POSSIBLE MERGER
 BOSTON, Aug. 24 /PRNewswire/ -- J. Baker, Inc. (NASDAQ-NMS: JBAK) and Morse Shoe, Inc. announced today that they are conducting preliminary discussions concerning a possible merger of Morse into J. Baker. They indicated that no assurance could be given as to if or when any agreement would be reached. The companies also indicated that they do not intend to issue any further public announcement unless and until a definitive agreement is executed.
 -0- 8/24/92
 /CONTACT: Malcolm L. Sherman, president and CEO of Morse Shoe, 617-828-9300, ext. 2000/
 (JBAK) CO: J. Baker, Inc.; Morse Shoe, Inc. ST: Massachusetts IN: REA SU: TNM


SH-OS -- NY013 -- 2479 08/24/92 09:33 EDT
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Publication:PR Newswire
Date:Aug 24, 1992
Words:121
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