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Brad Ragan, Inc. Extends Termination Date.


CHARLOTTE, N.C.--(BUSINESS WIRE)--Nov. 18, 1998--Brad Ragan, Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :BRD (Blue-Ray Disc) See Blu-ray. ), announced today that it has extended to December 31, 1998, the termination date termination date,
n See expiration date.
 under the Share Exchange Agreement dated May 5, 1998 with The Goodyear Tire & Rubber Company.

Pursuant to the Agreement, Goodyear would acquire all of the 556,924 shares of the Common Stock of the Company it does not own for a cash purchase price of $37.25 per share. Goodyear currently owns 74.5% of the Company's Common Stock.

The Company also noted that proxy materials Proxy Materials

Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other
 related to the Share Exchange Agreement and other matters will be distributed shortly to shareholders of record as of November 18, 1998.

Brad Ragan, Inc. is the largest United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  producer of retreaded tires for off-highway vehicles. The Company distributes new and retreaded off-the-road and truck tires through a network of 53 commercial outlets in 19 states. The Company also operates a chain of 117 retail stores in the southeast featuring products and services for the auto and home.
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 18, 1998
Words:170
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