PITTSBURGH, Oct. 5 /PRNewswire/ -- Bayer Corporation of Pittsburgh
announced today that the tender offer by Bayer Corporation's wholly owned
subsidiary, Project Toledo Acquisition Corp., for all outstanding shares of
common stock of Sybron Chemicals Inc. has been extended until 11:59 p.m.,
New York City time, on October 20, 2000. Bayer said the extension of the
tender offer will allow additional time for regulatory review of the
transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Bayer's tender offer was scheduled to expire at 11:59 p.m., New York City
time, Thursday, October 5, 2000. The depositary for the offer, EquiServe
Trust Company, N.A., has advised Bayer that 5,582,183 Sybron shares have been
tendered as of the close of business on Thursday, October 5, 2000.
SOURCE Bayer Corporation
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CONTACT: Mark A. Ryan of the Bayer Corporation, 412-777-2500
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