Boeing and Rockwell consent solicitation completed.NEW YORK--(BUSINESS WIRE)--Nov. 25, 1996--The Boeing Company (NYSE NYSE See: New York Stock Exchange :BA) and Rockwell International Rockwell International was the ultimate incarnation of a series of companies under the sphere of influence of Willard Rockwell, who had made his fortune after the invention and successful launch of a new bearing system for truck axles in 1919. Corporation (NYSE:ROK) today announced that the consent solicitation Consent Solicitation A solicitation by one party to the stakeholders of a particular security for the consent of a material change. Notes: Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with launched on Nov. 6, 1996 with respect to Rockwell's six series of debt securities totaling $1.6 billion has been successfully completed. Requisite consents for each series have been received. The consent solicitation expired at 5:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Nov. 22, 1996. Boeing, Rockwell and The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. , as Trustee, will promptly execute a Supplemental Indenture which embodies the amendments to the indenture for the Rockwell debt securities that were approved in the consent solicitation as well as the Boeing guarantee of the securities. The amendments to the Indenture and the Boeing guarantee will not become effective, and no consent fee will become payable to any holder of the securities who executed a consent, until (and subject to the occurrence of) the effectiveness of the merger between Rockwell and a subsidiary of Boeing, currently expected to occur on December 6. CONTACT: CS First Boston Matthew Riez, 212/909-4014 |
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