Atlantis Group Inc said it has filed foran initial public offering of 1,500,000 common shares and a 50
mln dlr offering of subordinated notes due 1997.
    The company said Robinson-Humphrey Co Inc and Sutro and Co
Inc will manage the share offering and American Express Co's
&lt;AXP> Shearson Lehman Brothers Inc and Robinson-Humphrey the
debt offering.  Proceeds will be used to reduce debt and seek
acquisitions.
    Atlantis is involved in plastics and furniture
manufacturing and in property-casualty insurance.
 Reuter
