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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 24 4:00 PM EST

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To: John Crovelli who wrote (8710)2/6/1998 10:02:00 PM
From: Charles A. King  Read Replies (1) of 13091
 
Institutional Shareholder Services (ISS), the nation's leading independent proxy advisory firm, has released a report stating that the Laidlaw Environmental offer for Safety-Kleen Corp. is "superior" to the terms of the proposed merger between Safety-Kleen and affiliates of Philip Services Corp., and that Safety-Kleen's poison pill "is being used to deter a higher offer." The report concludes by stating that Safety-Kleen shareholders "should not support the [Philip Group] merger agreement," and recommends that Safety-Kleen shareholders vote against the Philip Group merger.

newsalert.com

NEW YORK, Feb 6 (Reuters) - Laidlaw Environmental Services Inc said Friday that Institutional Shareholder Services believes Laidlaw's offer for Safety-Kleen is better than a proposal from affiliates of Philip Services Corp.

newsalert.com
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