Water! Water! Everywhere and Not a Drop To Drink! Message Board

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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink!

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To: Wade who wrote (323)	5/26/2004 4:15:26 PM
From: Arthur Radley	Read Replies (2) of 336

WADE, Congratulations my friend! You have waited and believed in this company for a long time and today you hit the home run...CUNO to Acquire WTC Industries, Inc. Wednesday May 26, 4:03 pm ET MERIDEN, Conn., and EAGAN, Minn., May 26 /PRNewswire-FirstCall/ -- CUNO Incorporated (Nasdaq: CUNO - News) and WTC Industries, Inc. (OTC Bulletin Board: WTCO - News) announced today that they have entered into a definitive merger agreement under which CUNO will acquire WTC. WTC, through its PentaPure, Incorporated operating subsidiary, manufactures water filtration systems and replacement filter cartridges for point-of-use applications, including residential refrigerators and under-the-counter drinking water systems. WTC is based in Eagan, MN and currently employs approximately 220 people. During 2003 WTC's sales totaled $28.3 million and sales for the trailing twelve month period (through its quarter ended April 2, 2004) totaled $33.8 million. The planned combination will increase CUNO's presence in the point-of-use water filtration products bus

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