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PARK-OHIO RECEIVES LIST OF SECOM NOMINEES AND RECEIVES ANOTHER REQUEST FOR SHAREHOLDER LIST

 PARK-OHIO RECEIVES LIST OF SECOM NOMINEES AND RECEIVES ANOTHER
 REQUEST FOR SHAREHOLDER LIST
 CLEVELAND, Feb. 27 /PRNewswire/ -- Park-Ohio Industries, Inc. (NASDAQ: PKOH) announced today that it had received a letter from Secom General Corporation in which Secom notified Park-Ohio of its intent to nominate three persons for election as directors of Park-Ohio at the 1992 annual meeting. The three persons named by Secom are Roy McKnight, David Marczak and Gerald Theisen, all of whom are officers and/or directors of Secom. Secom also indicated that it would solicit proxies against Park-Ohio's previously announced agreement to acquire Kay Home Products from Cleveland businessman Edward Crawford, who would become chairman and CEO of Park-Ohio upon consummation of the acquisition. As previously announced, Secom is seeking Park-Ohio's shareholder list.
 Separately, Park-Ohio announced that it had received a letter from Warren Lichtenstein, a partner in Steel Partners, seeking Park-Ohio's shareholder list and other information for the purpose of communicating with shareholders of Park-Ohio. Park-Ohio said it was reviewing the request.
 -0- 2/27/92
 /CONTACT: Harold A. Madorsky of Park-Ohio Industries, Inc., 216-991-9700; or William L. Dupuy of Edward Howard & Co., 216-781-2400, for Park-Ohio Industries, Inc./
 (PKOH) CO: Park-Ohio Industries, Inc. ST: Ohio IN: MAC SU:


KK -- CL010 -- 3341 02/27/92 14:28 EST
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Publication:PR Newswire
Date:Feb 27, 1992
Words:211
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