SPARTECH&lt;SPTN> SETS REVERSE SPLIT,DEBENTURE SALE

  Spartech Corp said it plans a one for
  five reverse stock split and has filed a registration statement
  with the Securities and Exchange Commission covering a planned
  25 mln dlr offering of convertible subordinated debentures due
  1999.
      Spartech said the debenture offering will be underwritten
  by Kidder Peabody and Co.
      The company said the split will be effective on stock of
  record April eight.
  

