Dash Multi-Corp, Inc. Extends Its Tender Offer for R-B Rubber Products, Inc.ST. LOUIS--(BUSINESS WIRE)--May 12, 1999-- Dash Multi-Corp, Inc. announced today that its cash tender offer for up to 1,567,417 shares of common stock of R-B Rubber Products, Inc. (Nasdaq:RBBR) has been extended to 5:00 p.m., St. Louis, Missouri time, on May 27, 1999, unless further extended. Dash Multi-Corp, Inc. announced that it has been advised by American Securities Transfer & Trust, Inc., the Depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the tender offer, that as of 3:00 p.m., St. Louis, Missouri time, on Wednesday, May 12, 1999, approximately 1,312,926 shares of common stock of R-B Rubber had been validly tendered and not withdrawn, representing approximately 83.76% of the 1,567,417 shares of common stock of R-B Rubber which may be purchased pursuant to the tender offer and approximately 58.63% of the total outstanding shares of common stock of R-B Rubber. The shares tendered include 7,140 shares tendered pursuant to Notices of Guaranteed Delivery. Dash Multi-Corp, Inc. has extended the tender offer to provide an expanded opportunity to the shareholders of R-B Rubber to participate in the tender offer. Dash Multi-Corp, Inc. is a St. Louis, Missouri-based manufacturer and marketer of plastic vinyls and urethanes, carpet padding Bits or characters that fill up unused portions of a data structure, such as a field, packet or frame. Typically, padding is done at the end of the structure to fill it up with data, with the padding usually consisting of 1 bits, blank characters or null characters. See null and bit stuffing. and backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. , non-slip textiles and coated fabrics to customers throughout the 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. . RB Rubber Products, Inc. is an integrated tire recycler and manufacturer that transforms scrap tires and rubber into high quality, durable rubber mats, protective surfaces and other rubber products. Applications of the company's products include surfacing for agribusiness agribusiness Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts. , sports and fitness facilities and other commercial and industrial uses. RB Rubber Products, Inc. is the leader in the black rubber mat market. The company was founded in 1985 and went public in 1995. Statements Dash Multi-Corp, Inc. may publish that are not strictly historical are "forward-looking" statements under the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Although Dash Multi-Corp, Inc. believes the expectations reflected in such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are based on reasonable assumptions, it can give no assurance that its expectations will be realized. Forward-looking statements involve known and unknown risks which may cause Dash Multi-Corp, Inc.'s actual results and corporate developments to differ materially from those expected. Factors that could cause results and developments to differ materially from Dash Multi-Corp, Inc.'s expectations include, without limitation, changes in manufacturing and shipment schedules, delays in completing plant construction and acquisitions, new product and technology developments, competition within each business segment, cyclicality of the markets for the products of a major segment, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , significant cost variances, the effects of acquisitions and divestitures, and other risks. |
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