Joslyn Corp/IL – ‘SC 14D9’ on 8/4/95 re: Joslyn Corp/IL – EX-11

As of:  Friday, 8/4/95   ·   Accession #:  912057-95-5978   ·   File #:  5-15605

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Tender-Offer Solicitation/Recommendation Statement   —   Schedule 14D-9
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 14D9     Sched 14D-9                                           24     93K 
 2: EX-1        Exh-1                                                 19     73K 
 3: EX-2        Exh-2                                                  1      6K 
 4: EX-3        Exh-3                                                 51    116K 
 5: EX-4        Exh-4                                                 17     65K 
 6: EX-5        Exh-5                                                 17     66K 
 7: EX-6        Exh-6                                                 17     65K 
 8: EX-7        Exh-7                                                 16     61K 
 9: EX-8        Exh-8                                                  7     26K 
10: EX-9        Exh-9                                                  6     19K 
11: EX-10       Exh-10 Ltr to Shareholders                             1      7K 
12: EX-11       Exh-11 Press Release                                   1      7K 

EX-11   —   Exh-11 Press Release

EX-11
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EXHIBIT 11                

FOR IMMEDIATE RELEASE                                                           
---------------------                                                           

Contact:  William J. Rotenberry         
             Director of Corporate Development
312-454-2921        

JOSLYN BOARD RECOMMENDS ITS SHAREHOLDERS REJECT                 
DANAHER OFFER; MEETINGS TO CONTINUE                   

CHICAGO, August 4, 1995 - Joslyn Corporation (NASDAQ:JOSL) announced  
today that its Board of Directors has recommended that its shareholders         
reject the $32 per share tender offer from Danaher Corporation.                 

In a letter being mailed to Joslyn shareholders, Joslyn Board Chairman
William E. Bendix and Chief Executive Officer L.G. Wolski said that the         
Joslyn Board has not reached a conclusion that Joslyn should be sold.           
However, Joslyn is in the midst of providing further information to Danaher     
in an effort to cause it to raise its bid.  In addition, Joslyn has entered     
into confidentiality agreements with other potentially interested parties and   
is seeking to develop their interest in a transaction at higher than $32 per    
share.                                                                          

Dates Referenced Herein

This ‘SC 14D9’ Filing		Date		Other Filings
Filed on:		8/4/95		None on these Dates
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