Date: Fri, 21 Nov 1997 01:42:28 GMT Server: Apache/1.1.3 Content-type: text/html Content-length: 6031 Last-modified: Wed, 15 Oct 1997 00:12:25 GMT
Global Sales Network* Manufacturing Facilities
* Coming soon. |
Financial/Press InformationTENDER OFFER FOR OUTSTANDING SHARES OF VITRONICS CORPORATION COMPLETED BY DOVER TECHNOLOGIES INTERNATIONAL, INC. NEWS RELEASE: October 7, 1997 Newmarket, NH...Vitronics Corporation (AMEX:VTC) today announced that DTI Intermediate, Inc., a subsidiary of Dover Technologies International, Inc., a subsidiary of Dover Corporation (NYSE:DOV), has accepted for payment and will purchase, as soon as practicable, all shares of common stock of Vitronics Corporation tendered pursuant to DTI Intermediate, Inc.s tender offer for all outstanding shares of Vitronics common stock. The tender offer expired as scheduled at 12:00 midnight, New York City time, October 6, 1997. Dover Technologies International, Inc. reported that approximately 7,935,940 shares of common stock of Vitronics Corporation were tendered in the tender offer, which constitutes 80.5% of the outstanding common stock of Vitronics. Dover Technologies International, Inc. further stated that the planned merger of Vitronics Corporation and DTI Intermediate, Inc. would be consummated as soon as practicable, which Dover Technologies anticipates will be in November, 1997. Questions or comments about this web site: webmaster@vitronicscorp.com Last Updated: 10/97 © Copyright Vitronics Corporation 1997 All rights reserved |