To: WebDrone who wrote (12599 ) 4/5/1999 11:48:00 AM From: signist Read Replies (1) | Respond to of 42804
(BSNS WIRE) RELTEC Corporation Announces GEC Extends Closing Date for RELTEC Corporation Announces GEC Extends Closing Date for RELTEC Tender Offer to April 8 MRVC customer Business Editors CLEVELAND--(BUSINESS WIRE)--April 5, 1999--RELTEC Corporation (NYSE:RLT) today announced that on April 1, 1999 the General Electric Company, p.l.c. ("GEC") extended the tender offer, which commenced on March 5, 1999, by its wholly owned subsidiary GEC Acquisition Corp., to purchase all of the outstanding shares of common stock of RELTEC Corporation ("RELTEC") at $29.50 per share. The offer and withdrawal rights will expire at 12:00 midnight, New York City time, on Thursday, April 8, 1999 unless the tender offer is further extended. Approximately 51,578,163 RELTEC shares have been tendered and not withdrawn to date in response to the tender offer. The General Electric Company, p.l.c. is not affiliated with the similarly named company which is based in the United States. RELTEC is a leader in the design, manufacture and sale of a broad range of telecommunications systems, products and services. Its Access Systems, Integrated Wireless Solutions and Network Components and Services are sold to wireline and wireless service providers and OEMs around the globe. RELTEC operates in North America, Europe, Asia/Pacific and Latin America with over 6,600 employees worldwide. For additional information, visit relteccorp.com . --30--mjb/clv* CONTACT: RELTEC Corporation Scott Fine, 440/460-3728 email: sfine@relteccorp.com KEYWORD: OHIO INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***