Printer Friendly

EVEREST & JENNINGS INTERNATIONAL HOLDS SPECIAL MEETING OF STOCKHOLDERS APPROVING BOTH PROPOSALS UNDER CONSIDERATION

 ST. LOUIS, Jan. 3 /PRNewswire/ -- Everest & Jennings International Ltd. (AMEX: EJ) reported today that the company held a special meeting of stockholders on Dec. 31, 1993. At the meeting, the stockholders approved both proposals under consideration. The first proposal was for the conversion of certain indebtedness into preferred stock and common stock; the second proposal provided for amendments to the company's Certificate of Incorporation which will increase the number of authorized common shares and preferred shares.
 "The support of our stockholders has allowed the company the opportunity to significantly improve its balance sheet," stated C. Richard Piazza, president.
 Everest & Jennings is engaged in the design, manufacture and marketing of wheelchairs, homecare beds, oxygen concentrators, other durable medical equipment and hospital and nursing home beds and furniture.
 -0- 1/3/94
 /CONTACT: C. Richard Piazza of Everest & Jennings, 314-569-3515/
 (EJ)


CO: Everest & Jennings International Ltd. ST: Missouri IN: HEA SU:

MC -- DV004 -- 8584 01/03/94 15:22 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 3, 1994
Words:158
Previous Article:UPJOHN COMPLETES ASGROW FLORIDA DIVESTITURE
Next Article:RAD SAN ANNOUNCES ACQUISITION OF PHONE ONE, INC.
Topics:

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