BUDGET RENT A CAR TO FILE INITIAL OFFERING
Budget Rent a Car Corp said it intends
to file a registration for an initial public offering of common
shares.
    It said the offering would solely be comprised of new stock
issued by the company.
    Budget was acquired on September 30, 1986 from Transamerica
Corp <TA> by an investor group led by Gibbons, Green van
Amerongen and members of Budget's senior management.
 Reuter
