OWENS-ILLINOIS <OI> EXTENDS BROCKWAY <BRK> OFFER
Owens-Illinois Inc said its
subsidiary's 60 dlr a share cash tender offer for all the
outstanding common shares of Brockway Inc has been extended to
midnight October 30.
    The offer had been scheduled to expire at midnight October
21.
    Owens-Illinois said that as of Oct 19, 1,598,789 common
shares, or about 13 pct of the outstanding shares of Brockway
have been tendered.
    It said it and Brockway are preparing responses to the
previously announced request for additional information from
the Federal Trade Commission under the Hart-Scott-Rodino Act.
    The Owens-Illinois subsidiary, which began the tender offer
on September 23, will not be able to buy Brockway's common
shares until 10 days following Owens-Illinois compliance with
the FTC request or other conditions.
 Reuter
