Bernard Haldane Associates, Inc. Makes Announcement.NEW YORK--(BUSINESS WIRE)--April 14, 1999-- Bernard Ber·nard , Claude 1813-1878. French physiologist noted for his study of the digestive and nervous systems. Haldane Hal·dane Family of Scottish intellectuals and scientists, including John Scott Haldane (1860-1936), a physiologist noted for his studies of the exchange of gases during respiration; and his son John Burdon Sanderson Haldane Associates, Inc. (Nasdaq OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BHAL BHAL Barbara Houghton Associates Limited (legal and financial employment recruitment; UK) ) today announced that at a special meeting of the shareholders a majority of the shareholders approved the merger of Bernard Haldane Acquisition Corp., a non-public company organized by the management of BHAL and other shareholders with and into BHAL. As a result of the merger, each outstanding share of BHAL other than treasury shares and those shares held by management and certain affiliated shareholds, will be converted into the right to receive $3.00 in cash, with interest. All unaffiliated shareholders will be cashed out at $3.00 per common share and these shareholders will not retain any equity interest in BHAL on a going forward basis. Any shareholder desiring to receive the $3.00 per share will be required to render his share certificate t the Company's corporate office located at 192 Lexington Avenue, 15th Floor, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10016. The Company also announced today that as a result of the merger's approval, the Company will seek to have its common stock no longer listed for trading on the OTC BB. For additional information contact the company at 212-679-3360 Attn: Shareholder Relations. |
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