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RIVAL SIGNS LETTER OF INTENT TO PURCHASE ASSETS OF POLLENEX

 KANSAS CITY, Mo., March 29 /PRNewswire/ -- The Rival Co. (NASDAQ-NMS: RIVL) announced today that it had signed a letter of intent to acquire substantially all of the assets of Pollenex Corp. The letter of intent specifies both cash and the assumption of certain liabilities to be defined at closing. Pollenex is a $28,000,000 marketer of health and personal care appliances headquartered in Chicago.
 Completion of the acquisition is subject to the parties entering into a definitive purchase agreement and several other conditions, including obtaining financing and certain government approvals. Rival hopes to complete the transaction by April 30, 1993.
 -0- 3/29/93
 /CONTACT: William L. Yager of Rival, 816-943-4100/
 (RIVL)


CO: The Rival Co.; Pollenex Corp. ST: Missouri, Illinois IN: HOU SU:

BB -- DV004 -- 0488 03/29/93 11:40 EST
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Publication:PR Newswire
Date:Mar 29, 1993
Words:134
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