MCDONNELL DOUGLAS &lt;MD> NOT APPROACHED BY PESCH

  McDonnell Douglas Corp, which has a five
  mln dlr investment in Republic Health Corp &lt;REPH>, said it has
  not been approached to sell its shares in Republic Health.
      Earlier, Alpha Health Systems Corp, a unit of Pesch and Co,
  said it submitted a merger proposal to the board of REPH
  Acquisition Co, the parent of Republic Health. LeRoy A. Pesch
  is the principal stockholder of Pesch.
      "We have not been approached by Mr. Pesch or anybody else
  with respect to our holdings" in Republic Health, a McDonnell
  Douglas spokesman told Reuters.
  

