GEORGIA-PACIFIC <GP> TO REDEEM PREFERRED ISSUES
Georgia-Pacific Corp said it will
redeem all 3,267,019 shares of its outstanding series A, B, B
second issue and C adjustible rate convertible preferred stock
on April 15.
    The company said it will redeem all four series at 39 dlrs
a share, plus nine cts in dividends accrued from April one to
April 15.
    First quarter preferred dividends will be paid separately
on April one to holders of record March six, the company said.
    It said holders may convert each share of their preferred
stock into one share of common through April 15.
 Reuter
