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TYLER CORPORATION FILES SHELF REGISTRATION

 DALLAS, Jan. 5 /PRNewswire/ -- Joseph F. McKinney, chief executive officer of Tyler Corporation (NYSE: TYL), announced today that the Company has filed a shelf registration with the Securities and Exchange Commission for the sale of debt and/or equity securities. The registration statement covers a public offering by Tyler of up to $150,000,000 in securities with the net proceeds to be used for general corporate purposes and acquisitions.
 In discussing the registration, McKinney said, "The Company has no plans for an immediate offering," but noted that Tyler is a diversified company with broad acquisition interests. "We registered the securities in order to be ready when a good acquisition comes along," McKinney continued.
 Tyler Corporation, with national headquarters in Dallas, provides cast iron pipe and fittings and automotive aftermarket parts.
 -0- 1/5/93
 /CONTACT: Michael R. Meyers, assistant treasurer of Tyler Corporation, 214-754-7800/
 (TYL)


CO: Tyler Corporation ST: Texas IN: SU: OFR

SH -- NY066 -- 1819 01/05/93 14:32 EST
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Publication:PR Newswire
Date:Jan 5, 1993
Words:163
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