-ALLIEDSIGNAL: AlliedSignal announces final proration factor of 12.775005% for 20m AMP share purchase.

0 Comments | M2 Presswire, October, 1998

M2 PRESSWIRE-14 October 1998-ALLIEDSIGNAL: AlliedSignal announces final proration factor of 12.775005 for 20 million AMP share purchase (C)1994-98 M2 COMMUNICATIONS LTD RDATE:131098 * Payment commenced today AlliedSignal Inc. [NYSE: ALD] announced today that the final proration factor for its purchase of 20 million shares of AMP Incorporated [NYSE: AMP] common stock is 12.775005 of all AMP shares tendered when the tender offer expired.

The company also announced that it has commenced payment for the shares purchased today. 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...

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