INTERLINK SAYS NOT PLANNING BID FOR PUROLATOR
British package courier <Interlink
Express Plc> does not plan to bid for the whole or part of  
Purolator Courier Corp <PCC.N>, a spokesman said.
    "There is no intention of making any sort of approach to
Purolator," the spokesman told Reuters, adding, "it would be a
case of David versus Goliath."
    Interlink shares started trading in the U.K. Unlisted
Securities Market in October 1986. It posted pre-tax profits of
2.13 mln stg on turnover of 9.6 mln stg in the six months to
December 31, 1986. Purolator last year topped turnover of 465
mln dollars, the spokesman said.
between Purolator and Interlink in view of a takeover or
participation. He categorically denied press reports suggesting
Interlink was developing a buyout bid.
    The reports said the proposed bid would be a price above
the 35 dlrs per share offered by <E.F. Hutton LBO Inc>. The
Hutton offer expires tomorrow.
    The spokesman said Interlink was seeking to expand
business, first in continental Europe and later in the U.S. But
the company did not expect to gain foothold in the U.S. Market
until 1989 at the earliest, he said.
 Reuter
