Business Services Industry
Columbus McKinnon and Shareholders Committee Discontinue Pending Litigation
Business Wire, August 5, 1999
NEW YORK--(BUSINESS WIRE)--August 5, 1999--
The Columbus McKinnon Shareholders Committee announced today that Columbus McKinnon Corporation (NASDAQ: CMCO) and the Committee mutually agreed to discontinue without prejudice and without costs the pending litigation between them. The parties both agreed that the proxy contest should be determined by a vote of the shareholders at the upcoming annual meeting on August 16, 1999.
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