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LARIZZA INDUSTRIES, INC. ANNOUNCES BANK NEGOTIATIONS

 TROY, Mich., April 7 /PRNewswire/ -- Larizza Industries, Inc. (AMEX: LII), an original equipment supplier to the automotive industry, today announced that it is negotiating with its principal banks to convert approximately $52.5 million of principal and accrued interest into common shares. The negotiations have not yet been completed.
 -0- 4/7/93
 /CONTACT: Terence C. Seikel, chief financial officer, Larizza Industries, Inc., 313-689-5800/
 (LII)


CO: Larizza Industries, Inc. ST: Michigan IN: AUT SU:

ML -- DE011 -- 3786 04/07/93 12:51 EDT
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Publication:PR Newswire
Date:Apr 7, 1993
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