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LEVITZ FURNITURE INCORPORATED ACCEPTS FOR PAYMENT ITS SENIOR DEFERRED COUPON DEBENTURES DUE 2002

 BOCA RATON, Fla., July 9 /PRNewswire/ -- Levitz Furniture Incorporated (NYSE: LFI), formerly LFC Holding Corporation, announced today that it had extended its cash tender offer to purchase all of its outstanding Senior Deferred Coupon Debentures due 2002 to 5 p.m., New York City time, July 9, 1993, unless further extended. A total of $137,234,000 principal amount of Deferred Debentures (approximately 94 percent of the outstanding Deferred Debentures) had been tendered as of 5 p.m. on July 8, 1993.
 Donaldson, Lufkin & Jenrette Securities Corporation is in the Dealer Manager for the offer.
 -0- 7/9/93
 /CONTACT: Patrick J. Nolan, senior vice president-Finance & Treasurer of Levitz Furniture Incorporated, 407-994-5151/
 (LFI)


CO: Levitz Furniture Incorporated ST: Florida IN: REA SU:

JB -- FL003 -- 9788 07/09/93 08:31 EDT
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Publication:PR Newswire
Date:Jul 9, 1993
Words:131
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