Axiohm Purchases 94.28% of Tendered Shares of DH Technology.SAN DIEGO--(BUSINESS WIRE)--Aug. 21, 1997--DH Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DHTK) and Axiohm S.A. announced that Axiohm has accepted and will purchase today, on a pro rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. basis, 7,000,000 shares of DH Technology common stock which were tendered under Axiohm's tender offer which expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. on Aug. 12, 1997. The purchased shares represent 94.281326% of the 7,424,762 shares tendered. Checks will be mailed to tendering stockholders no later than Aug. 22. DH Technology designs, manufactures and distributes transaction printers and mechanisms, magnetic and chip card readers, magnetic heads, impact printheads, bar code printers, and related services and supplies, such as labels and ribbons. The company's products provide solutions for many diverse applications, including freight and bar code labels, bank transactions, point-of-sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point receipts and gaming tickets. The company employs a broad range of technologies, including thermal, impact, and laser printing, as well as magnetic and electronic (chip) card reading technologies. CONTACT: DH Technology Walter S Wal·ter , Bruno 1876-1962. German conductor noted for his interpretations of Mozart and Mahler. Noun 1. Walter - German conductor (1876-1962) Bruno Walter . Sobon, 619/451-3485 or Morgen-Walke Associates Chris Danne/Cheryl Myers, 415/296-7383 |
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