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MACGREGOR SPORTS AND FITNESS AND BSN SIGN AGREEMENT

 MACGREGOR SPORTS AND FITNESS AND BSN SIGN AGREEMENT
 GREENVILLE, S.C., July 28 /PRNewswire/ -- MacGregor Sports and Fitness Inc. (NASDAQ: MACG) announced today that it has executed a Letter of Intent to sell the assets of the Sand-Knit sports uniform business to BSN Corp. (AMEX: BSN). MacGregor acquired this asset in April of 1991 with the strategic intention of liquidation. The asset consists of the trademark Sand-Knit, Sand and various product patterns.
 Michael S. Casazza, president and chief executive officer of MacGregor stated, "In keeping with our strategy, we are hopeful to conclude this sale to BSN for a value and terms that are commercially very acceptable."
 -0- 7/28/92
 /CONTACT: Michael S. Casazza of MacGregor Sports and Fitness, 803-963-8200/
 (MACG BSN) CO: MacGregor Sports and Fitness Inc.; BSN Corp. ST: South Carolina IN: SU:


MC-BB -- DV002 -- 3915 07/28/92 09:31 EDT
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Publication:PR Newswire
Date:Jul 28, 1992
Words:145
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