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Attwoods clarifies timing of BFI offer.


COCONUT GROVE, Fla.--(BUSINESS WIRE)--Nov. 1, 1994--The Depository Trust Company Depository Trust Company (DTC)

DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion
 has incorrectly made the statement that BFI's offer for Attwoods plc would expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 on Nov. 3, 1994 at 3:00 p.m. (London London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 time).

Under U.K. takeover regulations BFI BFI - brute force and ignorance  cannot close its offer without giving the shareholders of Attwoods 14 days' notice after making their offer unconditional HEIR, UNCONDITIONAL. A term used in the civil law, adopted by the Civil Code of Louisiana. Unconditional heirs are those who inherit without any reservation, or without making an inventory, whether their acceptance be express or tacit. Civ. Code of Lo. art. 878.

UNCONDITIONAL.
, and often shareholders will have until the last date of an offer (in this case Dec. 2, 1994) to make their decision. For further advice on the timetable you should contact Georgeson & Co. Inc. at 212/440-9800.

The Attwoods board (excluding Laidlaw's representatives) continues to believe that BFI's offer seriously undervalues the company and recommends that this bid be rejected, as the non-Laidlaw directors intend to do in respect to their own shares.

CONTACT: Attwoods plc, London
              Ken Foreman, 011-44-753-662-700
              or
              Smith Barney Inc., New York
              Bruce Cummings, 212/698-6745
              or
              S.G. Warburg & Co. Ltd.
              Robin Budenberg, 011-44-71-860-1090
              or
              Attwoods plc, Coconut Grove (U.S. office)
              Kim Janusz, 305/856-4791
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 1, 1994
Words:170
Previous Article:The Monarch Machine Tool Co. declares regular quarterly dividend.
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