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EXIDE ELECTRONICS SUSTAINS REVERSAL OF HENDRY JUDGMENT; ADOPTS STOCKHOLDER RIGHTS PLAN

 RALEIGH, N.C., Nov. 25 ~PRNewswire~ -- Exide Electronics Group, Inc. (NASDAQ: XUPS) announced today that the United States Court of Appeals for the Ninth Circuit has sustained the reversal of a $14.9 million judgment entered against Exide Electronics in 1990.
 As previously announced, on Sept. 8, 1992, the Ninth Circuit reversed a 1990 trial court judgment that awarded $14.9 million to James Hendry, a former Exide Electronics sales representative who alleged that the Company had terminated him in "bad faith" to avoid paying commissions. After the reversal the plaintiff asked the Ninth Circuit to reconsider its decision. The Court has just denied the plaintiff's motion for rehearing as well as the plaintiff's suggestion for a rehearing by the entire Ninth Circuit Court of Appeals.
 The plaintiff had also requested that the Ninth Circuit grant Hendry a new trial on certain issues in the case. Since the Ninth Circuit did not grant the plaintiff's request to remand the case to the trial court, the Company believes that the case is now concluded.
 The $12.5 million appeal bond posted by the Company in 1992 is still outstanding, but since the denial of the plaintiff's appeal to the Ninth Circuit is now final, the Company expects the bond to be returned shortly.
 Nicholas Costanza, Vice President and Chief Legal Officer of Exide Electronics, stated: "We are very pleased that the Ninth Circuit has reaffirmed its decision to reverse the trial court judgment, which we believe was wrong and unfair. We expect now to be able to concentrate fully on the opportunities for our business in fiscal 1993."
 Exide also announced today that its Board of Directors has adopted a Stockholder Rights Plan in which preferred stock purchase rights have been granted as a dividend at the rate of one Right for each share of Common Stock held of record as of the close of business on Dec. 7, 1992.
 The Rights Plan, similar to plans adopted by more than 1500 publicly-traded companies, is designed to deter coercive or unfair takeover tactics and to prevent an acquiror from gaining control of the Company without offering a fair price to all of the Company's stockholders.
 James A. Risher, President and Chief Executive Officer of Exide Electronics Group, Inc., stated: "The Stockholder Rights Plan seeks to protect our stockholders' interests. The Plan is designed to deal with any future actions taken by hostile entities which attempt to deprive the Board of Directors and stockholders of the opportunity to obtain the highest price for their shares."
 In implementing the Plan, the Board has declared a dividend of one Right for each outstanding share of Exide Electronics' Common Stock. Each Right initially would entitle the holder thereof to purchase 1~100th of a share of Preferred Stock. One one-hundredth of a share of Preferred Stock is intended to be approximately the economic equivalent of one share of Common Stock. The Rights will expire in December 2002.
 At the time of adoption of the Stockholder Rights Plan, the Rights are neither exercisable nor traded separately from the Common Stock. The Rights will be exercisable only if a person or group in the future becomes the beneficial owner of 15 percent or more of the Common Stock, or announces a tender or exchange offer which would result in its ownership of 15 percent or more of the Common Stock. Certain holders of notes convertible into Common Stock who presently are the beneficial owners of more than 15 percent of the Common Stock will be permitted to acquire up to 22 percent of the Common Stock without making the Rights exercisable.
 Ten days after a public announcement that a person has become the beneficial owner of 15 percent or more of the Common Stock (or 22 percent, in the case of the note holders), each holder of a Right, other than the acquiring person, would be entitled to purchase one share of the Common Stock of the Company for each Right at one-half of the then- current price. If the Company is acquired in a merger, or 50 percent or more of the Company's assets are sold in one or more related transactions, each Right would entitle the holder thereof to purchase common stock of the acquiring company at half of the then-current market price of such common stock.
 At any time after a person or group of persons becomes the beneficial owner of 15 percent or more of the Common Stock (or 22 percent, in the case of the note holders), the Board of Directors may exchange one share of Common Stock for each Right, other than Rights held by the acquiring person.
 The Board of Directors generally may redeem the Rights at any time until ten days following the public announcement that person or group of persons has acquired beneficial ownership of 15 percent or more of the outstanding Common Stock. The redemption price is $.01 per Right.
 Details of the Stockholder Rights Plan will be mailed to all stockholders of the Company.
 Exide Electronics is the largest company in the world dedicated exclusively to developing and manufacturing a full line of power protection systems. Headquartered in Raleigh, N.C., Exide Electronics responds to the power protection needs of a broad range of businesses and institutions worldwide, including many Fortune 1000 companies. Exide Electronics' products are used for financial, medical, industrial, telecommunications, military and aerospace applications -- wherever continuous power is essential to daily operations.
 -0- 11~25~92
 ~CONTACT: Marty Kittrell, Investor Relations, 919-870-3076, or Karin Cram, Media-Marketing, 919-870-3239, both of Exide Electronics~
 (XUPS)


CO: Exide Electronics Group, Inc. ST: North Carolina IN: CPR SU:

CM-MM -- CH005 -- 1583 11~25~92 15:01 EST
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Date:Nov 25, 1992
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