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Non-Tech : Racing Champions (RACN)

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To: John Z who wrote (67)	6/29/1999 3:39:00 PM
From: JakeStraw	Read Replies (1) of 100

Racing Acquisitions Offers $10 for Racing Champions NEW YORK, June 29 /PRNewswire/ -- Racing Acquisitions, Inc. announced today that it is offering $10 per share for all the outstanding common stock of Racing Champions Corporation (Nasdaq: RACN - news). The offer is subject to further due diligence and the signing of a definitive merger agreement. Racing Acquisitions, Inc. is a private New York corporation formed to acquire the assets of Racing Champions Corp. SOURCE: Racing Acquisitions, Inc.

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