DH Technology, Inc. and Axiohm S.A. Agree to Combine through a Tender Offer for up to 7,000,000 of the Outstanding Shares of DH Technology at $25 per share.SAN DIEGO--(BUSINESS WIRE)--July 15, 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)("DH") and Axiohm S.A., a private French company ("Axiohm"), announced today that they have signed a definitive merger agreement to combine their operations. Pursuant to the agreement, a wholly-owned subsidiary of Axiohm will commence a cash tender offer no later than July July: see month. 21, 1997, to acquire no less than 6,500,000 shares and no more than 7,000,000 shares of the outstanding stock of DH at $25 per share. As a result of a subsequent merger and related transactions, current DH shareholders will own between 15% and 21% of DH's outstanding shares depending on the number of shares tendered. 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 printing 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's broad range of printing technologies, including thermal, impact, and laser printing, as well as magnetic and electronic (chip) card reading technologies. CONTACT: DH Technology, Inc. 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 CHRIS Chemical Hazards Response Information System (US DoD) CHRIS California Historical Resources Information System CHRIS Computerized Human Resources Information System CHRIS Command Human Resources Intelligence System Danne/Alex Williamson/Doug Sherk Sherk is a family name that may refer to:
David Sasso/Josh Passman, 212/850-5600 or 212/850-5698 |
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