Is National Vision (NVAL) TURNING AROUND?Up 5/8 today. Message Board

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Microcap & Penny Stocks : Is National Vision (NVAL) TURNING AROUND?Up 5/8 today.

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To: IngotWeTrust who wrote (495)	6/10/1998 9:00:00 AM
From: David Kuspa	Read Replies (1) of 558

LAWRENCEVILLE, Ga., June 10 /PRNewswire/ -- National Vision Associates, Ltd. (Nasdaq: NVAL - news) today announced that it has signed a definitive agreement to acquire Frame-n-Lens Optical, Inc. The transaction, if completed, will consist of cash and the assumption of debt amounting to approximately $37 million. National Vision Associates will finance the transaction through its revolving credit facility, which was recently increased to $60 million. The company was represented by New York-based Schroder & Co. in this transaction. biz.yahoo.com

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