Printer Friendly

CHICAGO MILWAUKEE CORP. ANNOUNCES DATE FOR CONVERSION TO OPEN-END STATUS AND FOR CONSUMMATION OF SPINOFF OF MILWAUKEE LAND COMPANY

 CHICAGO, June 9 /PRNewswire/ -- Chicago Milwaukee Corp. (NYSE: CHG) announced today that it expects its previously announced plan to convert from a closed-end investment company to an open-end investment company to be effective on July 1, 1993.
 In connection therewith, the company also announced that it has established June 18, 1993 as the record date for determining Chicago Milwaukee common stockholders entitled to receive a dividend distribution of one share of the common stock of its wholly owned subsidiary Milwaukee Land Company for each share of common stock of Chicago Milwaukee owned on the June 18 record date. The dividend, which is expected to be mailed to stockholders on June 30, 1993, is conditioned upon the Securities and Exchange Commission declaring Milwaukee Land Company's Registration Statement on Form 10 effective under the Securities Exchange Act of 1934 on a timely basis. All trades of Chicago Milwaukee common stock on the New York Stock Exchange made subsequent to the June 18 record date will be made with due bills attached.
 -0- 6/9/93
 /CONTACT: Laura Havel of Dragonette Inc., 312-565-4300, for Chicago Milwaukee; or Leon Fiorentino of Chicago Milwaukee, 312-822-0400/
 (CHG)


CO: Chicago Milwaukee Corp. ST: Illinois IN: SU:

WB -- NY068 -- 0312 06/09/93 17:06 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:Jun 9, 1993
Words:208
Previous Article:AMERICAN STOCK EXCHANGE DAILY REPORT
Next Article:LIFETIME PRODUCTS, INC. MAKES ANNOUNCEMENT
Topics:


Related Articles
CHICAGO MILWAUKEE REPORTS 1991 OPERATING RESULTS
KEMPER SERVICE COMPANY TO TRANSFER DATA PROCESSING FUNCTION FOR BROKERAGE OPERATIONS TO BETA SYSTEMS
CHICAGO MILWAUKEE BOARD APPROVES PLAN TO CONVERT TO OPEN-END INVESTMENT COMPANY
CHICAGO MILWAUKEE BOARD APPROVES PLAN TO CONVERT TO OPEN-END INVESTMENT COMPANY
CHICAGO MILWAUKEE CORP. SCHEDULES SPECIAL STOCKHOLDERS' MEETING TO VOTE ON PROPOSED CONVERSION TO OPEN-END INVESTMENT COMPANY STATUS
CHICAGO MILWAUKEE CORP. ANNOUNCES STOCKHOLDER APPROVAL OF CONVERSION TO OPEN-END INVESTMENT COMPANY STATUS
CHICAGO MILWAUKEE CORPORATION ANNOUNCES EFFECTIVENESS OF CONVERSION TO OPEN-END INVESTMENT COMPANY
SECURITY FEDERAL SAVINGS TO OPEN A BRANCH IN NILES, ILL.
CHICAGO MILWAUKEE CORP. REPORTS 1993 OPERATING RESULTS
MILWAUKEE LAND COMPANY REPORTS 1993 OPERATING RESULTS

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