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THOR ACQUIRES FOUR WINDS; ANNOUNCES PLANNED COMMON STOCK OFFERING

 THOR ACQUIRES FOUR WINDS; ANNOUNCES PLANNED COMMON STOCK OFFERING
 NEW YORK, June 2 /PRNewswire/ -- Thor Industries Inc. (NYSE: THO) reported today that it had completed the previously announced acquisition of Four Winds International Corporation, an Elkhart, Ind. manufacturer of recreational vehicles, for cash and common stock totaling $14.8 million. Additional payments were made to the sellers for long term non-competition agreements.
 Founders Steven P. Hicks and Kenneth J. Geljack Jr. will continue to operate Four Winds under long term management contracts.
 Thor plans to make a registered public offering through a prospectus of approximately 1,200,000 shares of its common stock for the primary purpose of retiring bank debt incurred to acquire Four Winds. Thor anticipates the offering will be made in July of 1992.
 -0- 6/2/92
 /CONTACT: Wade F. B. Thompson or Peter B. Orthwein of Thor Industries, 212-370-1570/
 (THO) CO: Thor Industries Inc. ST: Ohio, New York IN: SU: TNM


LR-TS -- NY032 -- 6227 06/02/92 12:19 EDT
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Publication:PR Newswire
Date:Jun 2, 1992
Words:165
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