Shareholders Voting On Merger In July

Sat., June 21, 1997

Compiled From Wire Services

Boeing Co. and McDonnell Douglas Corp. have set July 25 shareholder meetings to vote on their proposed merger, according to a filing Friday with the Securities and Exchange Commission.

At the Boeing meeting, to be held in Seattle, shareholders will vote on the issuance of over $15 billion of common stock to be used in the transaction, Dow Jones News Service reported.

Under terms of the deal, each share of McDonnell Douglas common stock will be converted into 1.3 shares of Boeing, with Boeing surviving as the parent firm.

The McDonnell Douglas meeting will be held in St. Louis.

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Shareholders Voting On Merger In July

Jesse Tinsley

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