NORTH AMERICAN <NAHL.O> COMPLETES PLACEMENT
North American Holding Corp
said it completed a three mln dlr private placement of
restricted Class A non-voting common stock to two private
investors.
    The company said the stock was sold to real estate
developers Simon Konover of West Hartford, and Harry Gampel of
Boca Raton, Fla.
    The transaction is for 375,000 shares of Class A stock, or
approximately 2.75 pct of the total North American Holding
voting and non-voting common shares outstanding, it said.
 Reuter
