Maytag Announces Third Quarter Conference Call
October 06 2005 - 9:23AM
PR Newswire (US)
NEWTON, Iowa, Oct. 6 /PRNewswire-FirstCall/ -- Maytag Corporation
(NYSE:MYG) will announce third quarter sales and earnings on
Friday, October 21, at approximately 6:00 a.m. CT. The corporation
also has scheduled a conference call at 8:30 a.m. CT to present
third quarter results. Maytag's Chairman & CEO Ralph F. Hake
and CFO George C. Moore will participate in the call. The company
will not conduct a question-and-answer session for this conference
call. (Logo: http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO )
Persons wishing to listen should telephone 888-323-2711 at 8:20
a.m. CT (international participants should dial 210-234-0004) and
use the pass code Maytag. The conference call will be recorded and
available by telephone from 10:30 a.m. CT October 21 until 10:30
a.m. CT October 25. Persons interested in listening to the
conference call tape should call 800-337-5635 or internationally
402-220-9654. Additionally, Maytag's conference call will be
distributed live over CCBN's Investor Distribution Network to both
institutional and individual investors. Individual investors can
listen to the call through CCBN's individual investor center at
http://www.fulldisclosure.com/ or by visiting any of the investor
sites in CCBN's Individual Investor Network. Institutional
investors can access the call via CCBN's password-protected event
management site, StreetEvents ( http://www.streetevents.com/ ). The
audio webcast can also be accessed through Maytag's Web site,
http://www.maytagcorp.com/ , by clicking on the "Corporate News
Center" and then "Conference Calls." Replays will be available on
both the Maytag and CCBN Web sites. Maytag Corporation is a $4.7
billion home and commercial appliance company focused in North
America and in targeted international markets. The corporation's
primary brands are Maytag(R), Hoover(R), Jenn-Air(R), Amana(R),
Dixie-Narco(R) and Jade(R). Maytag Additional Information: This
document includes statements that do not directly or exclusively
relate to historical facts. Such statements are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements include statements regarding
anticipated future financial operating performance and results,
expectation as to the closing of the transaction with Whirlpool and
expectation as to the completion of the new credit facility. These
statements are based on the current expectations of management of
Maytag. There are a number of risks and uncertainties that could
cause actual results to differ materially from the forward-looking
statements included in this document. For example, with respect to
the transaction with Whirlpool (1) Maytag may be unable to obtain
shareholder approval required for the transaction; (2) conditions
to the closing of the transaction may not be satisfied or the
merger agreement may be terminated prior to closing; (3) Maytag may
be unable to obtain the regulatory approvals required to close the
transaction, or required regulatory approvals may delay the
transaction or result in the imposition of conditions that could
have a material adverse effect on Maytag or cause the parties to
abandon the transaction; (4) Maytag may be unable to achieve
cost-cutting goals or it may take longer than expected to achieve
those goals; (5) the transaction may involve unexpected costs or
unexpected liabilities; (6) the credit ratings of Maytag or its
subsidiaries may be different from what the parties expect; (7) the
businesses of Maytag may suffer as a result of uncertainty
surrounding the transaction; (8) the industry may be subject to
future regulatory or legislative actions that could adversely
affect Maytag; and (9) Maytag may be adversely affected by other
economic, business, and/or competitive factors. Additional factors
that may affect the future results of Maytag are set forth in its
filings with the Securities and Exchange Commission ("SEC"), which
are available at http://www.maytagcorp.com/ . Maytag undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Additional Information Relating to the Proposed
Merger with Whirlpool and Where to Find It Whirlpool and Maytag
have filed a preliminary prospectus/proxy statement with the SEC in
connection with the proposed transaction. Investors are urged to
read the preliminary prospectus/proxy statement, which contains
important information. The preliminary prospectus/proxy statement
is, and other documents filed by Whirlpool and Maytag with the SEC
are, available free of charge at the SEC's website (
http://www.sec.gov/ ) or from Whirlpool by directing a request to
Whirlpool Corporation, 2000 North M-63, Mail Drop 2800, Benton
Harbor, MI 49022-2692, Attention: Larry Venturelli, Vice President,
Investor Relations, or from Maytag Corporation's Web site at
http://www.maytagcorp.com/ . Neither this communication nor the
preliminary prospectus/proxy statement constitute an offer to issue
Whirlpool common stock in any jurisdiction outside the United
States where such offer or issuance would be prohibited -- such an
offer or issuance will only be made in accordance with the
applicable laws of such jurisdiction. Whirlpool, Maytag and their
respective directors, executive officers, and other employees may
be deemed to be participating in the solicitation of proxies from
Maytag stockholders in connection with the approval of the proposed
transaction. Information about Whirlpool's directors and executive
officers is available in Whirlpool's proxy statement, dated March
18, 2005, for its 2005 annual meeting of stockholders. Information
about Maytag's directors and executive officers is available in
Maytag's proxy statement, dated April 4, 2005, for its 2005 annual
meeting of stockholders. Additional information about the interests
of potential participants is included in the preliminary
prospectus/proxy statement Whirlpool and Maytag filed with the SEC.
Media Contact: John Daggett Maytag Corporate Communications (641)
787-7711 http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO
http://photoarchive.ap.org/ DATASOURCE: Maytag Corporation CONTACT:
John Daggett of Maytag Corporate Communications, +1-641-787-7711,
Web site: http://www.maytagcorp.com/
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