flute |
|
|
|
Our company designs, manufactures and markets under our well-recognized brand name an extensive line of high-quality, machine-made glass tableware. Our company maintains over 2,000 stock-keeping units in one of the most extensive product portfolios in the North American glass tableware industry. Find here bar supplies, beer glasses, bowls, china, china dinnerware, coffee mug, crystal, crystal stemware, beer mugs, cup, coffee mugs, coffee cup, china dishes, china patterns, china ware, china online, coffee cups, bowl, denby, cups our company has decided to move its acquisition efforts in other directions at this time, while continuing to pursue its agenda for internal growth. the company is terminating its efforts to purchase for $37.50 per share. this proposal was made to the board of directors on june 15, 1999. the proposed acquisition price represented a premium of 133 percent over the average price for shares for the 90-day period prior to the april 27, 1999, disclosure of ''s initial offer to purchase the company. "we remain convinced that the proposed combination would be in the best interest of building the businesses, improving the opportunities for its employees, customers and suppliers over the long term and maximizing value for its shareholders. however, it is evident that ''s entrenched management is intent on remaining a stand-alone company, regardless of the implications for its shareholders and employees." commenting on ''s growth agenda, meier stated, " is committed to strengthening its presence in its core markets. our company has decided to move its acquisition efforts in other directions at this time, while continuing to pursue its agenda for internal growth. the company is terminating its efforts to purchase for $37.50 per share. this proposal was made to the board of directors on june 15, 1999. the proposed acquisition price represented a premium of 133 percent over the average price for shares for the 90-day period prior to the april 27, 1999, disclosure of ''s initial offer to purchase the company. "we remain convinced that the proposed combination would be in the best interest of building the businesses, improving the opportunities for its employees, customers and suppliers over the long term and maximizing value for its shareholders. however, it is evident that ''s entrenched management is intent on remaining a stand-alone company, regardless of the implications for its shareholders and employees." commenting on ''s growth agenda, meier stated, " is committed to strengthening its presence in its core markets. |
| ©2003 www.glassware-gifts.com. All rights reserved | |