David White receives acquisition proposal.GERMANTOWN, Wis.--(BUSINESS WIRE)--Dec. 1, 1995--An offer to purchase all the outstanding shares of David White David or Dave White can refer to a number of people:
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 :DAWH) for $14 per share has been received by the Germantown firm's board of directors, Chairman Marshall A. Loewi announced today. "This offer was unsolicited un·so·lic·it·ed adj. Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions. unsolicited Adjective , but it will be given serious consideration," Loewi said. "The board will discuss it thoroughly and may seek independent advice regarding its adequacy." The proposal by two individual investors from Wisconsin calls for a cash transaction valued at $6.4 million. It is subject to shareholder approval and a financing contingency. The two investors propose to form a private corporation to acquire the firm. David White, a leading manufacturer of optical and laser surveying instruments Surveying instruments Instruments used in surveying operations to measure vertical angles, horizontal angles, and distance. Such devices were originally mechanical only, but technological advances led to mechanical-optical devices, optical-electronic devices, , is celebrating its 100th anniversary this year. The company maintains corporate offices in Germantown. Manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. are in Berlin, Wis. CONTACT: David White Inc., Germantown Marshall A. Loewi, 414/362-8900 |
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