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WAREHOUSE AUTO CENTERS IS DECLARED EFFECTIVE

 ROCHESTER, N.Y., Oct. 18 /PRNewswire/ -- Warehouse Auto Centers, Inc. (OTC Bulletin Board: WHAC) announced Oct. 15 that its Initial Public Offering has been declared effective by the Securities and Exchange Commission. The offering consists of 750,000 units priced at $6. Each unit consists of 1 Common Share, 1 Class A Warrant and 1 Class B Warrant.
 The Trading Symbols are as follows(A):
 Units: WHACU
 Common Stock: WHAC
 Class A Warrant: WHACW
 Class B Warrant: WHACZ
 (A) -- Some quotations systems require the use of .U after the symbol.
 Warehouse Auto Centers, Inc. was organized to develop a chain of warehouse-type auto parts and accessory centers offering a wide selection of quality, brand-name automotive products at "deep discount" prices primarily to "Do It Yourself" consumers and professional mechanics and installers. The centers will also have service bays for installation of tires. The company anticipates that the stores planned to be opened will average approximately 30,000 square feet including two bays for tire installation. Each store will carry an extensive product line, including automotive hard parts, such as alternators, starters, water pumps, brake shoes and pads, carburetors, clutches and engines; maintenance items, such as oil, antifreeze, transmission, brake and power steering fluids, engine additives, protectants and waxes; and accessories, such as car stereos and floor mats.
 -0- 10/18/93
 /CONTACT: Brian S. Thomas, CEO, of Warehouse Auto Centers, 716-454-7040/
 (WHAC)


CO: Warehouse Auto Centers, Inc. ST: New York IN: REA SU: OFR

BM-KL -- CL018 -- 3334 10/18/93 11:13 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
Words:253
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