among CRANE CO.,Merger Agreement • 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...Merger Agreement • August 14th, 1998 • Liberty Technologies Inc • Measuring & controlling devices, nec
WITNESSETH:Shareholder Agreement • August 14th, 1998 • Liberty Technologies Inc • Measuring & controlling devices, nec • Pennsylvania
LETTERHEAD]Agreement and Plan of Merger • August 14th, 1998 • Liberty Technologies Inc • 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.
