MARK IV &lt;IV> STARTS BID FOR CONRAC &lt;CAX>

  Mark IV Industries Inc said it has
  started the 25 dlr per share tender offer for all shares of
  Conrac Corp that it announced yesterday afternoon.
      In a newspaper advertisement, the company said the offer
  and withdrawal rights expire April 20 unless extended.  The
  offer is not conditioned on receipt of any minimum number of
  shares but is conditioned on the arrangement of financing.
      Mark IV already owns about 9.9 pct of Conrac's 6.8 mln
  shares outstanding.
  

