PRESS RELEASE
September 30, 1998
We are pleased to announce that William S. Hein & Co., Inc. has
agreed in principle to acquire Fred B. Rothman & Co. Since
William S. Hein and Paul A. Rothman have agreed to all phases of
the alliance of the two companies, the transaction should be
consummated some time during the next month. We are confident
that the merging of these two companies, with over one hundred
years of combined service to the legal community, will enable us
to better meet the diverse needs of the law library profession as
we approach the twenty-first century.
We have had discussions with James S. Heller, President of the
American Association of Law Libraries, and Frank G. Houdek,
Chairman of AALL's Committee on Relations with Information
Vendors (CRIV). As a result of those discussions, a special
committee from William S. Hein & Co., Inc. headed by Richard J.
Spinelli, Vice-President of Sales & Marketing, will work closely
with a task force of law librarians from CRIV and other
appropriate AALL groups to insure a smooth, customer-friendly
transition.
Although our intention is to consolidate operations during the
upcoming months, we will continue to operate offices in both
Buffalo and Denver. Sheila M. Jarrett and Oscar J. Miller of
Fred B. Rothman & Co. will operate out of the Company's Denver
office, which will be primarily responsible for editorial and
bibliographic functions. Paul A. Rothman will remain active with
the Company.
We will keep you well informed of changes as they develop. We
assure you, our valued customers, that during and following the
transition, you will continue to receive the same high-quality
service you have come to expect from both William S. Hein & Co.,
Inc. and Fred B. Rothman & Co.
We thank you for your loyalty in the past and look forward to our
increased ability to better serve your needs. Should you have
any questions or concerns, please do not hesitate to contact us.
Sincerely,
WILLIAM S. HEIN & CO., INC. FRED B. ROTHMAN & CO.
Kevin M. Marmion, President Paul A. Rothman, President
Richard J. Spinelli Eileen M. Eckert
Vice-President of Vice-President
Sales & Marketing
William S. Hein, CEO
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