ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Friday, September 13, 1996             TAG: 9609130123
SECTION: BUSINESS                 PAGE: A-9  EDITION: METRO 

IN BUSINESS

Ocean Reef making new offer for Best

RICHMOND - Miami-based Ocean Reef Management Inc. is revising its offer to buy Best Products Co. Inc. The investment firm last week made an unsolicited offer to buy Best for $63.2 million, or $2 a share.

Rachmil Lekach, Ocean Reef's chairman and chief executive officer, said a new proposal is likely in a couple of days. The company wouldn't provide details.

Industry analysts and vendors say Best has two options: be sold, or seek bankruptcy protection again.

-Associated Press

Gerber to recall defective rattles

WASHINGTON - Gerber Products Co. is recalling 60,000 ``Flip Fingers'' baby rattles that might break apart and pose a choking hazard.

The Consumer Products Safety Commission and Gerber said the rattles have red, U-shaped handles with the word Gerber on them and yellow spherical ends that hold multicolored spinning parts.

The Fremont, Mich.-based baby products company said it had five reports of rattles breaking. There were no reports of injury.

-Associated Press

Briefly

* Moss and Rocovich P.C., a Roanoke law firm, has moved from First Union Tower to 4415 Electric Road, across from Tanglewood Mall.

* Rowe Furniture Corp. has declared a quarterly dividend of 2 cents per share of common stock, payable Oct. 11 to shareholders of Sept. 20.

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