THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Thursday, September 22, 1994 TAG: 9409220432
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 20 lines
Hechinger Co. said it plans to offer for sale 5 million shares of Class A Common Stock. The shares are being offered through an underwriting group managed by Morgan Stanley & Co. Inc. and Montgomery Securities. The net proceeds from the offering will be used to finance the company's expansion program, the remodeling of existing stores and for general corporate purposes. Prospectuses are available from Morgan Stanley & Co. Inc., 1251 Avenue of the Americas, New York, NY 10020. by CNB