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Westrn Pacific Industries Inc. - circa 1970's Specimen Stock Certificate

Inv# SE3926   Specimen Stock
State(s): California
Delaware
New York
Years: 1970's
Color: Green and Black

Specimen Stock printed by Security-Columbian Banknote Company. Western Pacific Industries Inc. has accepted a $ 163-a-share tender offer from Danaher Corp., of Washington, which is controlled by takeover specialists Steven and Mitchell Rales. The offer for the New York-based manufacturing company will total $ 378.1 million. Howard A. Newman, chairman of Western Pacific, said yesterday, "I think it is an excellent bid for the stockholders." He said he had been approached on several previous occasions by individuals interested in buying the company. Starting with a real estate investment company, the Rales brothers have made a series of industrial acquisitions in the last several years. Western Pacific Industries is a $ 168 million manufacturing company employing about 2,600 people in the U.S. and abroad. The firm makes industrial fasteners and a variety of counting and control devices, such as those found in mechanical pumps. Read more at https://www.washingtonpost.com/archive/business/1986/10/07/western-pacific-purchased-by-dcs-danaher-corp/7f489604-c203-45c3-b713-b8a614ba7c42/

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
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