among CRANE CO.,Agreement and Plan of Merger • August 14th, 1998 • Liberty Technologies Inc • Measuring & controlling devices, nec • Pennsylvania
ARTICLE IStock Option Agreement • August 14th, 1998 • Liberty Technologies Inc • Measuring & controlling devices, nec • Pennsylvania
August 14, 1998 To the Shareholders of Liberty Technologies, Inc.: We are pleased to inform you that on August 11, 1998, Liberty Technologies, Inc. ("Liberty" or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with...Liberty Technologies Inc • August 14th, 1998 • Measuring & controlling devices, nec
WITNESSETH:Shareholder Agreement • August 14th, 1998 • Liberty Technologies Inc • Measuring & controlling devices, nec • Pennsylvania
LETTERHEAD]Liberty Technologies Inc • August 14th, 1998 • Measuring & controlling devices, nec
We have been advised that Liberty Technologies, Inc. ("Liberty") proposes to enter into an Agreement and Plan of Merger (the "Agreement") with Crane Co. ("Purchaser"), a draft of which dated August 6, 1998 was reviewed by us. Pursuant to the Agreement, Purchaser will make a tender offer to purchase all the issued and outstanding capital stock of Liberty for a purchase price of $3.50 per share in cash (the "Transaction"). The terms and conditions of the Transaction are more fully set forth in the Agreement.
