flatware - buying glass online

Our company has decided to move its acquisition efforts in other directions at this time, while continuing to pursue its agenda for internal growth. The company is terminating its efforts to purchase for $37.50 per share. This proposal was modern flatware made to the board of directors on june 15, 1999. the proposed acquisition price represented a premium of 133 percent over the average price for shares for the 90-day period prior to the april 27, 1999, disclosure of ''s initial offer to purchase the company. "we remain convinced that the proposed combination would be in the best interest of building the businesses, improving the opportunities for its employees, customers and suppliers over the long term and maximizing stainless steel flatware value for its shareholders. however, it is evident that ''s entrenched management is intent on remaining a stand-alone company, regardless of the implications for its shareholders and employees." commenting on ''s growth agenda, meier stated, " is committed to strengthening its presence in its core markets.

our company is the glass tableware market share leader in the u.s. and canada stainless steel flatware with a 180-year history. we are the leading glass tableware supplier to foodservice end-users and the number one brand name in retail. we are a growing tabletop supplier with our dinnerware and flatware aquisitions and we have become more international with a strategic mexican joint venture. this joint venture provides us with new opportunities to become a major supplier to broader and growing markets. ".what do you consider to be your competitive advantages? having the largest glassware manufacturing, sales and distribution network gives us significant scale, which provides unparalleled service to our customers.