CONRAC &lt;CAX> IN MERGER TALKS WITH SEVERAL
  Conrac Corp sait has started
  negotiations with several interested parties on its possible
  acquisition.
      It said there can be no assurance that any transaction will
  result from the talks.  It gave no further details.
      Mark IV Industries Inc &lt;IV> started tendering for all
  Conrac shares at 25 dlrs each on March 24 and owned 9.9 pct of
  Conrac before starting the bid.
      Conrac is a producer and marketer of computer-related
  information display and communications equipment which also
  produces special purpose architectural and industrial products.
      It owns Code-A-Phone Corp, a producer of telephone
  answering machines.
      For 1986, the company reported profits of 7.8 mln dlrs, or
  1.16 dlrs a share, on sales of 153.9 mln dlrs. It has nearly
  6.8 mln shares outstanding.
  

