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INDUSTRY NOTES

San/Bar Phone Operation and Resdel Complete Announced Merger

September 20, 1987

San/Bar Corp., Irvine, and Resdel Industries, Newport Beach, have completed the merger that the two companies announced in April.

Under terms of the merger, each share of San-Bar has been converted into the right to receive one share of Resdel. San/Bar, a supplier of telephone and other communication equipment, will be operated as a subsidiary of Resdel. San-Bar President Charles Von Urff will continue in his present position.

Resdel, which supplies government agencies with high frequency, microwave, and digital subsystems and components, said the acquisition increases its operations by more than 40%.

The merger involves only San/Bar's telephone equipment and repair operations. A separate division that manufactures specialized lubricants and cleaners has been spun off as Break-Free Corp., a publicly traded company of which San/Bar's founders, Lloyd and Barry Hallamore, own about 32%. San/Bar's shareholders also received one share of Break-Free for each share of San/Bar common stock in the merger with Resdel.

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