Printer Friendly

CARTER HAWLEY HALE CALLS SPECIAL STOCKHOLDERS MEETING FOR FRIDAY, FEB. 25, 1994

 LOS ANGELES, Jan. 4 /PRNewswire/ -- The board of directors of Carter Hawley Hale Stores Inc. (NYSE: CHH) has called a Special Stockholders Meeting for Feb. 25, 1994. At the Special Meeting, stockholders will be asked to consider and vote upon a proposal to approve the issuance of up to 11,792,453 shares of the company's common stock par value $.01 per share, issuable upon conversion of $143,750,000 of the company's 6 1/4 Percent Convertible Senior Subordinated Notes, for purposes of listing such shares on the New York Stock Exchange. Stockholders of both the common stock and preferred stock on the record date of Feb. 3, 1994, will be eligible to vote on the proposal.
 The proposal will require the approval of a majority of the votes cast at the Special Meeting. The company's two largest stockholders, which together comprise approximately 60 percent of the eligible votes, have indicated that they will vote in favor of the proposal.
 Carter Hawley Hale Stores Inc. is one of the leading operators of full-line department stores in the Western United States with annual sales in excess of $2.1 billion. It operates 83 department stores under the names of The Broadway, Emporium, and Weinstocks.
 -0- 1/4/94
 /CONTACT: Larry Rand, Kekst & Co., 212-593-2655/
 (CHH)


CO: Carter Hawley Hale Stores Inc. ST: California IN: REA SU:

LS-JM -- LA016 -- 8754 01/04/94 08:32 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 4, 1994
Words:235
Previous Article:DETROIT EDISON OFFERS HELP TO AVOID SHUTOFFS
Next Article:FLORIDA HOME SALES JUMP 21 PERCENT IN OCTOBER; SIXTH CONSECUTIVE MONTH FOR DOUBLE-DIGIT INCREASE
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters