MERIDEN, Conn., and EAGAN, Minn., July 16, 2004 (PRNewswire-FirstCall) -- CUNO Inc. and WTC Industries Inc. jointly announced that the waiting period imposed by the Hart-Scott- Rodino Act in connection with CUNO's pending acquisition of the voting securities of WTC expired on July 9. The special meeting of stockholders of WTC is scheduled for July 29, 2004 and, if approved by the WTC stockholders and the other conditions to closing are satisfied, the merger will be consummated within a few days thereafter.
CUNO is a world leader in the design, manufacture and marketing of a comprehensive line of filtration products for the separation, clarification and purification of liquids and gases. CUNO's products, which include proprietary depth filters and semi-permeable membrane filters, are used in the potable water, healthcare, and fluid processing markets.
WTC Industries designs and manufactures water filtration products for point-of-use applications.
