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ATL Products Announces Stockholder Approval of Quantum/ATL Merger.


IRVINE Irvine, town, Scotland
Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing.
, Calif.--(BUSINESS WIRE)--Sept. 24, 1998--ATL Products Inc. (Nasdaq:ATLPA) Thursday Thursday: see week.  announced that the company's stockholders, at a special meeting held on Sept. 24, 1998, have approved an Agreement and Plan of Reorganization which provides that ATL (Active Template Library) A set of software routines from Microsoft that provide the basic framework for creating ActiveX and COM objects. Stemming from the standard template library (STL) that comes with C++ compilers, ATL includes an object wizard that sets up  become a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Quantum Corp. The transaction is expected to be completed on Monday, Sept. 28, 1998.

This news release contains statements which may be deemed to be forward looking and subject to certain risks and uncertainties that could cause actual results to differ from those projected. For a discussion of such factors, refer to SEC reports and other information filed with the SEC by Quantum and ATL, including the registration statement on Form S-4 filed by Quantum in connection with the proposed merger.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 24, 1998
Words:125
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