Alexander, Sequa's chairman, withdraws proposal to purchase common shares.NEW YORK--(BUSINESS WIRE)--Nov. 20, 1995-- Norman Norman, city (1990 pop. 80,071), seat of Cleveland co., central Okla.; inc. 1891. It is the center of a livestock region. Oil wells, food processing, and printing and publishing contribute to the economy, and there is diverse manufacturing (machinery, communication E. Alexander, chairman of Sequa Corporation, has withdrawn his proposal to acquire the common equity of Sequa Corporation. Alexander said, "I have determined that satisfactory terms are not available for the financing of my proposal." Multiple lawsuits have been filed challenging the adequacy of the proposal. Sequa Corporation is a diversified diversified (di·verˑ·s industrial company whose principal interests are in the fields of aerospace, specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. , can machinery and automotive products. CONTACT: Sequa Corporation Linda A set of parallel processing functions added to languages, such as C and C++, that allows data to be created and transferred between processes. It was developed by Yale professor David Gelernter, when he was a 23-year old graduate student. G. Kyriakou, 212/986-5500 |
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