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SPECIAL DEVICES MERGER GETS STOCKHOLDERS' OK.


Byline: Daily News

Stockholders of Newhall-based Special Devices Inc., which makes the equipment that activates air bags, have approved a merger agreement clearing the way for a deal to close next week, SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation.  Chairman Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM).

The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs
 Treinen announced Friday.

Shareholders overwhelmingly approved a deal with an affiliate of J.F. Lehman & Co., a New York-based private equity fund.

SDI will receive $34 in cash per share acquired by the Lehman affiliate. The vote was 5.96 million to 114,389, with 9,721 shareholders abstaining.

Special Devices is a leader in the design and manufacture of pyrotechnic devices used by the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide.  for initiators in air-bag systems, and by the aerospace industry in tactical missile and crew escape systems.

The company is headquartered in Placerita Canyon but is planning to relocate re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 to Moorpark, where a new facility is under construction. SDI was touted as a success story in the late 1980s, when the company expanded from the declining military contract industry into commercial enterprise.

SDI also has operations in Mesa, Ariz., and Downers Grove Downers Grove, village (1990 pop. 46,858), Du Page co., NE Ill.; settled 1832, inc. 1873. Downers Grove has undergone population growth and commercial development that include the construction of new office complexes. , Ill., and employs more than 1,300 people.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Dec 12, 1998
Words:182
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