BODDIE-NOELL FILES FOR INITIAL PUBLIC OFFERING
<Boddie-Noell Restaurant
Properties Inc> said it filed a registration statement with the
Securities and Exchange Commission covering its initial public
offering of 3,100,000 shares of common stock.
    The company said it plans to qualify as a real estate
investment trust and buy 53 existing Hardee's restaurant
properties located in Virginia and North Carolina.
 Reuter
