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SECONDARY OFFERING OF COMMON STOCK BY VARLEN STOCKHOLDERS

 NAPERVILLE, Ill., Feb. 16 /PRNewswire/ -- Varlen Corp. (NASDAQ-NMS: VRLN) said today that it has filed with the Securities and Exchange Commission a registration statement relating to a secondary offering of an aggregate of approximately 349,000 shares of presently outstanding common stock. The shares are being offered primarily by shareholders of The Dyson-Kissner-Moran Corp., formerly Varlen's principal stockholder, and after the offering is completed (assuming all registered shares are sold) such shareholders will own less than 2 percent of Varlen's outstanding common stock. Varlen will not receive any proceeds from the sale of the shares.
 Varlen designs, manufactures, and markets engineered industrial products primarily for specialized applications in the transportation and laboratory equipment markets. The company serves U.S. and foreign markets with operating locations in the United States and Germany. Headquarters are in Naperville. The common stock is traded over-the- counter on the NASDAQ National Market System under the symbol VRLN.
 -0- 2/16/93
 /CONTACT: Richard L. Wellek, president and CEO or Richard A. Nunemaker, vice president and CFO, 708-420-0400 of Varlen Corp.
 (VRLN)


CO: Varlen Corp. ST: Illinois IN: SU: OFR

SH -- NY028 -- 6729 02/16/93 09:03 EST
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Publication:PR Newswire
Date:Feb 16, 1993
Words:193
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