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To: NASDBULL who wrote (61128)3/11/1999 10:17:00 PM
From: Steven G. Trapp & Company  Respond to of 119973
 
Stockholders Approve Newell Rubbermaid Merger Business Editors FREEPORT, Ill./WOOSTER, Ohio--(BUSINESS WIRE)--March 11, 1999-- Newell Co. (NYSE, CSE: NWL) and Rubbermaid Incorporated (NYSE: RBD) announced today that at separate stockholders' meetings held today, their stockholders approved the previously announced merger of Newell and Rubbermaid through a tax-free exchange of shares. At the time of the merger, Rubbermaid shareholders will receive 0.7883 of a share of Newell common stock for each share of Rubbermaid common stock they own. The companies expect to complete the merger within the next two weeks. The combined company will be called Newell Rubbermaid Inc. and will join the exceptional financial performance and superior customer service of Newell with the powerful brand franchises and new product development focus of Rubbermaid. Based in Freeport, Illinois, Newell co. is a multi-national manufacturer and marketer of high-volume staple consumer products with 1998 sales of $3.7 billion and approximately 32,000 employees globally. Their products are sold through a variety of retail and wholesale distribution channels. Business segments include hardware and home furnishings, including Amerock(R) cabinet hardware, Bulldog(R) home hardware, EZ Paintr(R) paint applicators, BernzOmatic(R) torches, Kirsch(R), Levolor(R) and Newell(R) window treatments, Intercraft(R), Decorel(R) and Holson Burnes(R) picture frames and Lee Rowan(R) home storage, office products, such as Sanford(R), Berol(R), Eberhard Faber(R) and Rotring(R) writing instruments and Eldon(R) and Rolodex(R) office storage and organization products, and housewares, including Mirro(R), Wearever(R), Panex(TM) and Calphalon(R) cookware, Anchor Hocking(R) glassware and Goody(R) hair accessories. Rubbermaid Incorporated, headquartered in Wooster, Ohio, is a multi-national, leading brand manufacturer and marketer of high-quality, innovative products, including Rubbermaid(R) consumer and commercial products, Little Tikes(R) traditional toys and commercial play systems, and Graco(R) and Century(R) infant furnishings. The company employs approximately 12,000 people around the world. The statements contained in this press release that are not historical in nature are forward-looking statements. Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results, and actual results could differ materially from those expressed or implied in the forward-looking statements. These factors include, without limitation, those disclosed in Newell's and Rubbermaid's form 10-K filings with the Securities and Exchange Commission and in Newell's S-4 Registration Statement filed with the Securities and Exchange Commission relating to the merger. --30--ccv/cgo* CONTACT: Newell, Freeport Ross A. Porter, Jr., 815/381-8150 Vice President - Investor Relations KEYWORD: ILLINOIS OHIO INDUSTRY KEYWORD: RETAIL MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
Business Wire - March 11, 1999 12:15



To: NASDBULL who wrote (61128)3/12/1999 12:19:00 AM
From: C B P  Respond to of 119973
 
,,, said shortselling the DAX100 because the fundamentals are weak,,, my little babies, today would be just a dead cat ounce,,,this
country spells crisis imho,,,here IS WHY IT IS ON FIRE>>, they call
themselves 'Die neue Mitte' but their ideological' coalition with the Greens doesnt stand for this,, Greens are even further to the
left,,,this coalition tastes to a big lie. Schroeder critics say he is a chameleon who would do anything to satisfy his thirst for might. His policies look rather heterdox in contrast with traditional approaches either leftist or right wing. There was no such a thing like rivalry in between him and LaFontaine,,, this is just an orchestration ,, and rather gerhard his puppy,, His critics see in him a Machiavello and his friends a pragmatic but anything like a big ideologist,,, so what is left behind? Unemployment is huge and they have a heavy deal trying to consolidate the fiscal budget to be able to assure standards required by the European Union, where he obviously wants the leadership. Budget dissaster despite the taxation structure which goes like this ''The SPD says it plans to to lower the top income tax rate to 49% from 53% presently, the bottom tax rate to 15% from 25,9% and the corporate tax level to 35%, So were does the money go,,,,? He is not exactly a champion of the free market policies. Schroeder sees himself as a ''host of talkshow'' says Der Spiegel but this wave has been little than welcomed by the biz sector. Some say Schroeder is an example of a generation of leaders the new managerial type, " who develops his strategy as he goes along -- on the job,, instead of political dogmas, he cultivates different images depending on the type of audition he has... " While addressing to the business cmmunity, he
would polish his image as a "friend of the bosses," just to turn to his trade-union fellows where he would cherish his working class background on his father being a workman at an amusement park and his mother a cleaning woman. He steals wonderfully camera and is a little more than a bit of a playboy who would far from suit into the uses of all the bankers class, who cant divorce,, divorced 4 times himself and more,,, he is not exactly a Tony Blair,,, Schroeder is far from being his dream of becoming the leader of an hegemonic ax,, and doesnt get along well with Clinton either,,,their share on the EURO is 40%,,,, and circumstances are that they wont be able to stop the K flight,,, the worst part of the picture seems to me is in the event of choosing a new Finance Minister,,, heterodox stands for this,,, europeans lack the requierd tech knowledge to deal with monetary policy and they dont want to recognize they DONT KNOW how to isolate the underlying functions and variables to conduct
mathematically minimizing errors the overall ecnonmy,,, they are just to apply once again pseudo-keynesian rules,, but that would far from work,, and they will fail again, the EURO will fall again and the crisis will go deeper,,, they DONT KNOW how to anchor the economy to any given variable, the biz environment in germany including suitable regulations is far from being a suitable place for investment and sustainable growth.,,, if they cant anchor Germany they WONT anchor
Europe,,, so stay away investors,,,Japan doing great enjoying once again its leading market position trying to become again the gateway for the Oriental renaissaince,,, what the europeans lack abounds in the Orient,,, the ability to trash old industries and move quick into new ones at breathtaking speed heading to sustainable market growth, and to reward investors with long term and high investment return.
Here at the Peninsula Kowloon Hotel in Hong Kong my babies,, reading the FinTimes and thinking about trashing forever my Funds,, am fed up of moving the price against myself,,, this makes no sense,,,, i should trade only my own money,,, go for a swim in the sweet water and then to hairdress my long blonde hair,,,,left all my ORCL at 20K miles away,,,got to go to Akademgorok in high Syberia,,, and met my
friend about plastic money and marketing for a deal in Moscow,,,including PEROTsys in the deal,,, come to the mountain,,, or if you prefer,,,, the mountain will come to You,,,,does it sound familiar herzschens?
sciam

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