Printer Friendly

Marietta Corporation makes announcement.

CORTLAND, N.Y.--(BUSINESS WIRE)--March 8, 1996--Marietta Corporation (NASDAQ:MRTA) and Barry W. Florescue announced today that the merger of a corporation controlled by Barry W. Florescue with and into Marietta had been consummated.

Each holder of shares of Marietta Common Stock outstanding immediately prior to the effective date of the merger will receive $10.25 per share in cash, except for shares owned by Florescue or his affiliates and shares held by shareholders who exercise dissenters' rights. Shareholders will receive in the near future letters of instructions with respect to the procedures for obtaining payment for their shares.

Marietta Corporation specializes in the design, manufacture, packaging, marketing, and distribution of guest amenity programs to the travel and lodging industry in the United States and abroad, and provides customized "sample-size" and "unit-of-use" packaging products and services to companies in the toiletries, cosmetics, pharmaceuticals, and household products industries.

CONTACT: Alan D. James

Investor Relations

607/753-6746
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 8, 1996
Words:156
Previous Article:Alcoa declares base dividend of 22.5 cents plus bonus dividend of 10.75 cents a share.
Next Article:Brampton Brick Limited Reports Financial Results.


Related Articles
Lockheed-Martin Marietta merger gets antitrust clearance.
Marietta Corporation announces merger agreement.
Marietta Corporation makes announcement.
MARTIN MARIETTA MATERIALS, INC., FILES REGISTRATION STATEMENT FOR SPLIT-OFF FROM LOCKHEED MARTIN CORPORATION.
MARTIN MARIETTA MATERIALS, INC. ANNOUNCES APPOINTMENT OF STEPHEN P. ZELNAK, JR. AS CHAIRMAN.
No Regrets: The Life of Marietta Tree.
Camco Financial/Advantage Bank Name Two New Directors.
Martin Marietta Materials Purchases Quarries in Texas and North Carolina; Sells Two Quarries in Virginia.
Winter-blooming hellebores deserve their own show.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters