WICKES &lt;WIX> PLANS REVERSE SPLIT, CALLS DEBT

  Wickes Cos Inc said its
  board authorized a one-for-five reverse stock split and plans
  to call the company's its 12 pct senior subordianted debentures
  due 1994.
      The company said it will seek shareholder approval of the
  reverse stock split at the annual shareholders meeting
  scheduled for June 18.
      At January 31 Wickes had 239 mln shares outstanding, the
  company also said.
      Wickes also said it will call the debentures on Dec 1,
  1987, assuming market conditions remain essentially the same.
  

