Maytag Declares Quarterly Dividend
11 8월 2005 - 2:49AM
PR Newswire (US)
NEWTON, Iowa, Aug. 10 /PRNewswire-FirstCall/ -- The Maytag
Corporation (NYSE:MYG) board of directors today declared a
quarterly dividend of 9 cents a share on the firm's common stock.
The dividend is payable September 15, 2005, to shareowners of
record at the close of business September 1, 2005. (Logo:
http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO ) Maytag
Corporation is a leading producer of home and commercial
appliances. Its products are sold to customers throughout North
America and in international markets. The corporation's principal
brands include Maytag(R), Hoover(R), Jenn-Air(R), Amana(R),
Dixie-Narco(R) and Jade(R). Forward-Looking Statements This
document includes statements that do not directly or exclusively
relate to historical facts. Such statements are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements include statements regarding
benefits of the proposed transactions, expected cost savings and
anticipated future financial operating performance and results,
including estimates of growth. These statements are based on the
current expectations of management of Maytag. There are a number of
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements included in this
document. For example, with respect to the transaction with a group
led by Ripplewood Holdings L.L.C. (1) Maytag may be unable to
obtain shareholder approval required for the transaction; (2)
Maytag may be unable to obtain regulatory approvals required for
the transaction, or required regulatory approvals may delay the
transaction or result in the imposition of conditions that could
have a material adverse effect on Maytag or cause the parties to
abandon the transaction; (3) conditions to the closing of the
transaction may not be satisfied or the merger agreement may be
terminated prior to closing; (4) Maytag may be unable to achieve
cost-cutting goals or it may take longer than expected to achieve
those goals; (5) the transaction may involve unexpected costs or
unexpected liabilities; (6) the credit ratings of Maytag or its
subsidiaries may be different from what the parties expect; (7) the
businesses of Maytag may suffer as a result of uncertainty
surrounding the transaction; (8) the industry may be subject to
future regulatory or legislative actions that could adversely
affect Maytag; and (9) Maytag may be adversely affected by other
economic, business, and/or competitive factors. Additional factors
that may affect the future results of Maytag are set forth in its
filings with the Securities and Exchange Commission ("SEC"), which
are available at http://www.maytagcorp.com/ . Maytag undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Additional Information and Where to Find It In
connection with the proposed transaction with an investor group led
by private equity firm Ripplewood Holdings L.L.C., Maytag has filed
a definitive proxy statement and may file other relevant documents
concerning the proposed merger with SEC. WE URGE INVESTORS TO READ
THE DEFINITIVE PROXY STATEMENT AND THE OTHER RELEVANT DOCUMENTS
CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT MAYTAG AND THE PROPOSED TRANSACTION.
Investors can obtain free copies of the definitive proxy statement
as well as other filed documents containing information about
Maytag at http://www.sec.gov/ , SEC's Web site. Free copies of
Maytag's SEC filings are also available on Maytag's Web site at
http://www.maytagcorp.com/ . Participants in the Solicitation
Maytag and its executive officers and directors and Ripplewood
Holdings L.L.C., Triton Acquisition Holding and Triton Acquisition
and their respective affiliates, executive officers and directors
may be deemed, under SEC rules, to be participants in the
solicitation of proxies from Maytag's stockholders with respect to
the proposed transaction. Information regarding the officers and
directors of Maytag is included in its definitive proxy statement
for its 2005 annual meeting filed with SEC on April 4, 2005. More
detailed information regarding the identity of potential
participants, and their direct or indirect interests, by
securities, holdings or otherwise, is set forth in the proxy
statement and other materials filed or to be filed with SEC in
connection with the proposed transaction. Media Contact: John
Daggett Maytag Corporate Communications (641) 787-7711
http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO
http://photoarchive.ap.org/ DATASOURCE: Maytag Corporation CONTACT:
John Daggett of Maytag Corporate Communications, +1-641-787-7711,
Web site: http://www.maytagcorp.com/
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