Confetti makes announcement.NEW YORK--(BUSINESS WIRE)--July 12, 1996--Confetti, Inc. (Trading Symbol Trading symbol See: Ticker symbol "FETI FETI Fluorescence Energy Transfer Immunoassay ") announced today the approval by its shareholders of a proposed merger with Liteglow Industries, Inc. of Pompano Beach, Florida Pompano Beach is a city in Broward County, Florida, along the coast of the Atlantic Ocean just to the north of Fort Lauderdale. The Nearby Hillsboro Inlet forms part of the Atlantic Intracoastal Waterway. As of 2006, the U.S. . The proposed merger remains subject to the execution and delivery of definitive agreements. Liteglow designs, manufactures and markets, under the Liteglow(R) trademark and other trademarks and trade names, a line of automotive aftermarket accessories and specialty products. Approval of the Plan of Merger requires the affirmative vote of a majority of the outstanding shares of Common Stock. Victor Princiotti, Director of Confetti, expressed his enthusiasm over the impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. merger. Princiotti believes that Liteglow is headed by a strong management team and that the automotive aftermarket industry has been showing tremendous growth. Princiotti stated that he hoped that a definitive merger agreement would be executed and the merger consummated within the newt few weeks. All requests for additional information relating to Liteglow and the Plan of Merger, including requests for copies of the Merger Agreement relating thereto, should be made to Edward Whelan, 9833 Whetstone whetstone, natural or manufactured stone used as an abrasive solid to sharpen tools. It is used dry, with water, or with oil. Such a stone of the finer grade used with oil is usually called an oilstone. Drive, Gaithersburg, Maryland 20879; telephone number: 301/990-8810 CONTACT: Public Relations: Edward Whelan, 301/990-8810 |
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