CHICAGO, Aug. 21 /PRNewswire/ -- Burns International Services Corporation
(NYSE: BOR) announced today that the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on August 19,
2000 with regard to the pending cash tender offer by Securitas Acquisition
Corporation to purchase all of the outstanding shares of common stock of Burns
International Services Corporation at a price of $21.50 per share. The
expiration of this waiting period satisfies one of the conditions to the
tender offer. The tender offer and withdrawal rights are currently scheduled
to expire at 12:00 midnight, New York City time, on September 1, 2000, unless
extended.
This news release does not constitute an offer to purchase or a
solicitation of an offer to sell securities. The parties are required to file
documentation with the Securities and Exchange Commission concerning this
transaction. WE URGE INVESTORS TO READ THE SCHEDULE TO, THE SCHEDULE 14D-9
AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC, WHEN THEY
BECOME AVAILABLE, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. These documents
may be obtained free of charge at the SEC's web site at http://www.sec.gov . You may
also obtain a copy of each of these documents free of charge from MacKenzie
Partners, Inc., the information agent for the tender offer, by calling
toll-free (800) 322-2885.
SOURCE Burns International Services Corporation
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Related links:
http://www.Burnsinternational.com
Company News On-Call:
http://www.prnewswire.com/comp/120940.html or fax,
800-758-5804, ext. 120940
CONTACT:
Analysts, Anne Ireland, 312-322-8550 or
Media, Lynne Glovka, 312-322-8511, both of Burns International
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