Armstrong Shareholders Approve Dissolution
Lancaster, PA, Jan. 8--Armstrong Holdings Inc., the holding company of Armstrong World Industries, Inc., announced today that at a special meeting of its shareholders held yesterday approval was received for its conditional dissolution. The dissolution is subject to Armstrong World Industries' reorganization under Chapter 11 being confirmed and consummated. Information regarding the proposed dissolution of Armstrong Holdings, Inc. is contained in proxy materials previously sent to shareholders and on the Internet at www.armstrong.com. Armstrong Holdings, Inc. is the parent company of Armstrong World Industries, Inc., a global leader in the design and manufacture of floors, ceilings and cabinets. In 2002, Armstrong's net sales totaled more than $3 billion. Based in Lancaster, PA, Armstrong operates 58 plants in 14 countries and approximately 15,700 employees worldwide.
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