Printer Friendly

ALCO INTERNATIONAL ANNOUNCES APPOINTMENT OF COMMITTEE

 SAN DIEGO, Jan. 13 /PRNewswire/ -- Alco International Group Inc. (NASDAQ: ALIG) today announced that the board of directors has appointed a committee to meet with representatives of a potential tender offeror or offerors who have expressed an interest in acquiring in excess of 80 percent of the common stock in Alco. Alco has forwarded the requested information to the law firm representing the offerors. Alco will be in touch with the law firm today to establish a schedule for negotiations.
 Alco also announced today that quotation of its common stock was suspended by the NASDAQ Stock Market effective Jan. 11, 1993, without notice to the company, pending confirmation of the company's compliance with NASDAQ's listing standards. The company has supplied that information to NASDAQ and remains in compliance with the lsiting requirements.
 Alco, through its subsidiaries, operates two primary businesses: the mrketing of medical products for infection control and women's health; and the transportation of containerized cargo from South Florida to the Caribbean.
 -0- 1/13/93
 /CONTACT: John E. Sherman of Alco, 619-695-9555/
 (ALIG)


CO: Alco International Group Inc. ST: California IN: HEA MAR SU:

JB-LS -- SD002 -- 4352 01/13/93 09:00 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 13, 1993
Words:195
Previous Article:PHLX LISTING LEAPS(TM) ON THREE NEW ISSUES TO BEGIN TRADING THURSDAY, JAN. 14
Next Article:SPRINT ANNOUNCES VIDEOCONFERENCING AGREEMENT WITH PEIRCE-PHELPS
Topics:


Related Articles
ALCO INTERNATIONAL GROUP INC. ANNOUNCES THE FINALIZATION OF AGREEMENT
ALCO INTERNATIONAL GROUP ANNOUNCES APPOINTMENT OF TWO DIRECTORS
ALCO INTERNATIONAL GROUP ANNOUNCES COMMERCIAL LAUNCH OF BIM(TM)
ALCO INTERNATIONAL GROUP, INC. ANNOUNCES REQUEST FOR TENDER NEGOTIATIONS
ALCO INTERNATIONAL ANNOUNCES SEC PRIVATE INVESTIGATION
/C O R R E C T I O N -- ALCO INTERNATIONAL GROUP/
ALCO INTERNATIONAL GROUP INC. ANNOUNCES FEDERAL DISTRICT COURT RULING
ALCO INTERNATIONAL RECEIVES NOTICE THAT SCOTTSDALE GROUP HAS ACQUIRED SHARES
ALCO INTERNATIONAL GROUP RECEIVES COPY OF SCHEDULE 13D
VOTING TRUST INCREASES STAKE IN ALCO INTERNATIONAL GROUP INC.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters