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VAN DORN ANNOUNCES RULING BY JUDGE ROCKER

 VAN DORN ANNOUNCES RULING BY JUDGE ROCKER
 CLEVELAND, Sept. 28 /PRNewswire/ -- Van Dorn Company (NYSE: VDC)


today announced that in a decision on Sept. 23, 1992, Judge Linda Rocker upheld amendments to Van Dorn's shareholder rights plan that were adopted by the company's board of directors in January 1992. These amendments were intended to bring certain share ownership thresholds into line with current practices and make it more likely that any potential purchasers would negotiate with the board before trying to acquire a controlling interest in the company. The ruling supports the company's position that the board's actions in amending the rights plan were fully within its authority.
 The court separately ruled that the board's "conditional" determination that Crown Cork & Seal Company, Inc. would be an "adverse person" if it acquired 10 percent or more of Van Dorn's stock was not consistent with the express terms of the plan. Rocker wrote, "either Crown Cork was adverse or it was not." The ruling does not preclude the board from making an unconditional determination that Crown Cork is an "adverse person," and the court invited the board to reconsider the "conditional" aspect of its determination in light of the court's ruling.
 There was no suggestion whatsoever by the court that the board intended to use the rights plan to discourage Crown Cork or any other potential purchaser.
 -0- 9/28/92
 /CONTACT: Thomas R. Miklich, executive vice president of Van Dorn Company, 216-447-8777/
 (VDC) CO: Van Dorn Company ST: Ohio IN: SU:


KK -- CL005 -- 4006 09/28/92 13:43 EDT
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Publication:PR Newswire
Date:Sep 28, 1992
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