GENERAL SIGNAL ISSUES STATEMENT ON RELIANCE MERGER.STAMFORD Stamford, town, England Stamford, town (1991 pop. 18,127), in the Parts of Kesteven, Lincolnshire, E central England, on the Welland River. It is a market town. Products include diesel engines, electrical equipment, bricks, and tiles. , Conn.--(BUSINESS WIRE)--Nov. 16, 1994--General Signal Corporation commented today that it was aware of correspondence dated November 10, 1994 to Reliance from Rockwell's chairman, which it believes reflects a view of Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). law that is incorrect and self-serving self-serving adj. referring to a question asked of a party to a lawsuit or a statement by that person that serves no purpose and provides no evidence, but only argues or reinforces the legal position of that party. , and that proposes a course of action that would violate the merger agreement between General Signal and Reliance. General Signal will not comment upon the damages that might flow from such action, but stated it has been advised that, under the circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or , it would be entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to the $50 million break-up fee plus expenses, as detailed in its merger agreement with Reliance Electric dated August 30, 1994. -0- General Signal Corporation, with estimated 1994 sales in excess of $1.7 billion, is a leading manufacturer of equipment and instruments for the process control, electrical, and industrial technology industries. CONTACT: General Signal Corp., Stamford Nino Fernandez, 203/329-4320 |
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