MAGNA LOMASON CORP 4
4 · MAGNA LOMASON CORP · Filed Nov 8, 1996
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (1)
- [1]Pursuant to the merger of Magna Acquisition Corporation (formerly an indirect wholly owned subsidiary of Magna International Inc.) into Douglas & Lomason Company ("D&L") on October 14, 1996, all shares of common stock, par value $2.00 per share, of D&L beneficially owned directly or indirectly by Magna International Inc. were cancelled and all such shares outstanding and not so owned and not owned by D&L or its subsidiaries were converted into the right to receive $31 per share in cash, without interest, and the name of D&L, as the surviving corporation and an indirect wholly owned subsidiary of Magna International Inc. became Magna Lomason Corporation, with Magna International Inc. indirectly owning 1,000 shares of Common Stock , no par value per share, of Magna Lomason Corporation. Magna Lomason Corporation has filed a Form 15 with the Securities and Exchange Commission on October 15, 1996, giving certification and notice with respect to the termination of registration of D&L's Common Stock, par value $2.00 per share. MAGNA INTERNATIONAL INC. by: /s/ J. Brian Colburn, Executive Vice President and Secretary 11/08/96 ------------------------------------------------------------- -------- **