AUDIO/VIDEO <AVA> TO GET EXPENSES FROM DIXONS
Audio/Video Affiliates Inc said it
will receive an undisclosed amount from <Dixons Group PLC> in
connection with the termination of Cyacq Corp's 92.50 dlr per
share tender offer for Cyclops Corp <CYL>.
    The company said the amount from Dixons is in lieu of
reimbursement expenses for the Cyacq tender.  Citicorp <CCI>
was the other partner in Cyacq.
    The payment was in connection with Dixons' previously
-announced agreement to increase its tender price for Cyclops
to 95.00 dlrs per share, Cycacq's ending of its competing bid
and the ending of litigation between the parties.
 Reuter
