-ALLIEDSIGNAL: AlliedSignal announces proration of 20 million AMP share purchase.

0 Comments | M2 Presswire, October, 1998

M2 PRESSWIRE-12 October 1998-ALLIEDSIGNAL: AlliedSignal announces proration of 20 million AMP share purchase (C)1994-98 M2 COMMUNICATIONS LTD RDATE:091098 AlliedSignal Inc. [NYSE: ALD] announced today that, following proration as required by federal securities law, its purchase of 20 million shares of AMP Incorporated common stock will mean that AlliedSignal will purchase approximately 12.8 of the 156,555,508 shares tendered as of midnight, October 8, when the tender offer expired.

CERTAIN INFORMATION CONCERNING PARTICIPANTS AlliedSignal Inc. ("AlliedSignal"), PMA Acquisition Corporation ("Acquisition Subsidiary") and certain other persons named below may solicit the consent of shareholders (a) to elect seventeen nominees (the "Nominees") as directors...