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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Brooke Geiger who wrote (23460)12/8/1998 2:46:00 AM
From: Currency  Read Replies (1) of 119973
 
(REUTERS) Rival Co. hires advisers after unsolicited offer
Rival Co. hires advisers after unsolicited offer

KANSAS CITY, Mo., Nov 27 (Reuters) - Small kitchen
appliance maker Rival Co. <RIVL.O> said Friday it hired an
investment bank to help it in discussions regarding an
unsolicited takeover offer.
Rival, whose shares climbed 3-1/2 to 10-14/16 on Wednesday,
said it hired NationsBanc Montgomery Securities to help it
evaluate the unsolicited offer. Rival declined to name the
source of the offer.
In a statement, Rival said it does not expect to provide
any further information unless and until it reaches a
definitive agreement.
((--Chicago Equities News at 312 408 8787,
chicago.equities.newsroom@reuters.com))
REUTERS
*** end of story ***
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