MICHIGAN GENERAL <MGL> EXTENDS EXCHANGE OFFER
Michigan General Corp said it
has extended its exchange offer for its 10-3/4 pct senior
subordinated debentures due December 1, 1988 until April 23.
    It said the offer is being extended to allow it to conclude
talks with its lender and with representatives of the holders
of 75 pct of the debentures on the terms of the offer.
    The holders have indicated their intention to tender and to
reach an agreement with the company, Michigan General said.
 Reuter
