View:
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the
[ ] Definitive Proxy Statement Commission Only (as Permitted
[ X ] Definitive Additional Materials by Rule 14a-6(e)(2))
[ ] Soliciting Material Pursuant to
240.14a-11(c) or 240.14a-12
- -------------------------------------------------------------------------------
Echlin Inc.
(Name of Registrant as Specified In Its Charter)
- -------------------------------------------------------------------------------
SPX Corporation
(Name of Person(s) Filing Proxy Statement, if other than Registrant)
- -------------------------------------------------------------------------------
Payment of Filing Fee (Check the appropriate box):
[X] No fee required
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i) and 0-11:
1) Title of each class of securities to which transaction applies:
---------------------------------------------------------------
2) Aggregate number of securities to which transaction applies:
---------------------------------------------------------------
3) Per unit price or other underlying transaction computed
pursuant to Exchange Act Rule 0-11:
---------------------------------------------------------------
4) Proposed maximum aggregate value of transaction:
---------------------------------------------------------------
5) Total fee paid:
---------------------------------------------------------------
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by
Exchange Act Rule 0-11(a)(2) and identify the filing for which
the offsetting was paid previously. Identify the previous filing
by registration statement number, or the Form of Schedule and
the date of its filing:
1) Amount Previously Paid:
---------------------------------------------------------------
2) Form, Schedule or Registration Statement No.:
---------------------------------------------------------------
3) Filing Party:
---------------------------------------------------------------
4) Date Filed:
---------------------------------------------------------------
CONTACTS:
Charles A. Bowman
SPX Director of Corporate Finance
(616) 724-5194
George Sard/Anna Cordasco/Paul Caminiti
Sard Verbinnen & Co
(212) 687-8080
SPX RESPONDS TO ECHLIN'S FRIVOLOUS LAWSUIT
------------------------------------------
MUSKEGON, MICHIGAN, April 6, 1998 -- SPX Corporation (NYSE:SPW) today
issued the following statement regarding a lawsuit filed today by Echlin
Inc. (NYSE:ECH), attempting to block a special meeting demanded by Echlin
shareholders:
"This is yet another transparent attempt by Echlin to disenfranchise
its shareholders after more than 50% have exercised their right to demand a
special meeting. After failing to change Connecticut law and pretending to
make an economic case to its shareholders, Echlin has now filed a clearly
frivolous lawsuit, ensuring Echlin's place in the 'Shareholder Hall of
Shame.' SPX will challenge this suit vigorously and we continue to expect
the special meeting of Echlin shareholders to be held by June 23, 1998."
SPX Corporation is a global provider of Vehicle Service Solutions to
franchised dealers and independent service locations, Service Support to
Vehicle Manufacturers, and Vehicle Components to the worldwide motor
vehicle industry. SPX's Internet address is www.spx.com.
###