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TRITON GROUP ANNOUNCES PURCHASES OF ADDITIONAL ACTAVA SHARES

 SAN DIEGO, July 22 /PRNewswire/ -- Triton Group Ltd. (AMEX: TGL) today announced that it has purchased additional common shares of The Actava Group Inc. (NYSE: AG) (formerly Fuqua Industries Inc., NYSE: FQA) and that it may continue to buy more shares from time to time. Prior to these purchases Triton owned 4,338,598 Actava common shares or approximately 24.6 percent of the total shares outstanding. Triton is currently Actava's largest shareholder.
 Commenting on the action John C. Stiska, Triton Group's president and chief executive officer, stated, "We view the current market price of Actava's common stock with concern but also as an opportunity. We are taking advantage of the current price to increase our ownership level to at least 25 percent. We are, however, very concerned about the declining market price of Actava's stock. We are trying to work with the company's board of directors and management in an effort to realize increased value for all of its shareholders."
 Triton Group Ltd. owns, in addition to its stake in Actava, majority interests in six subsidiaries with current annual revenues in excess of $200 million.
 -0- 7/22/93
 /CONTACT: John C. Stiska, president and chief executive officer, or Michael M. Earley, senior VP and CFO, of Triton Group, 619-231-1818/
 (TGL AG)


CO: Triton Group Ltd.; The Actava Group Inc. ST: California IN: SU: TNM

BP-LM -- SD011 -- 4805 07/22/93 17:18 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
Words:235
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