PULLMAN<PMN> COMPLETES CLEVITE <CLEV.O> TENDER
Pullman Co said its PCII
Acquisition Co subsidiary completed a previously announced
tender for Clevite Industries Inc.
    Pullman said as of midnight June 26, 5,248,712 shares of
Clevite common, 278,965 shares of nonvoting common and
1,913,194 warrants had been tendered.
    Including the 989,426 shares of nonvoting common stock
Pullman has an option to buy from Prudential Insurance Co of
America, the total shares and warrants represent about 99 pct
of the common and nonvoting common of Clevite and 96 pct of the
outstanding warrants.
 Reuter
