MARK IV &lt;IV> UNIT TO BEGIN CONRAC &lt;CAX> TENDER

  Mark IV Industries Inc said it plans
  to begin a tender offer at 25 dlrs a share for all outstanding
  shares of Conrac Corp &lt;CAX>, a Stamford, Conn., maker of
  control instruments and telecommunications products.
      Mark IV said it owns about 670,400 shares or about 9.9 pct
  of Conrac's outstanding shares.
      The offer, to be made through Mark IV Acquisition Corp, a
  wholly owned subsidiary, will not be conditioned on any minimum
  number of shares being tendered, the company said.
      The tender offer will be conditioned upon, among other
  things, the completion of financing arrangements.
      The terms and conditions of the offer will be described in
  documents to be filed with the Securities and Exchange
  Commission and mailed to Conrac shareholders as soon as
  possible.
      Bear Stearns and Co is expected to act as dealer manager
  for the offer, it said.
      A Conrac spokesman declined comment.
      Conrac has about 6.75 mln shares outstanding. Its shares
  closed off 1-3/8 at 21-1/8 as about 84,400 shares changed
  hands.
      Mark IV is a Williamsville, N.Y., maker of pastic products
  and industrial control equipment.
  

