COMMERCIAL INTERTECH CORP
PRER14A, 1996-07-31
MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT
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<PAGE>
 
                                                            REVOCATION STATEMENT
 
                                  SCHEDULE 14A
 
                                   (RULE 14A)
 
                    INFORMATION REQUIRED IN PROXY STATEMENT
 
                            SCHEDULE 14A INFORMATION
 
  PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF
                                      1934
 
  Filed by the Registrant [X]
 
  Filed by a Party other than the Registrant [_]
 
Check the appropriate box:
 
[_]Preliminary Proxy Statement
 
[_]Confidential, for Use of the Commission Only (as permitted by Rule 14a-
6(e)(2))
 
[_]Definitive Proxy Statement
 
[_]Definitive Additional Materials
 
[X]Soliciting Material Pursuant to (S) 240.14a-11(c) or (S) 240.14a-12
 
                           COMMERCIAL INTERTECH CORP.
                (NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
 
     ---------------------------------------------------------------
    (NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)
 
Payment of filing fee (Check the appropriate box):
 
[_]$125 per Exchange Act Rules 0-11(c) (1) (ii), 14a-6(i) (1), 14a-6(i) (2) or
Item 22(a) (2) of Schedule 14A.
 
[_]$500 per each party to the controversy pursuant to Exchange Act Rule 14a-
6(i) (3).
 
[_]Fee computed on table below per Exchange Act Rules 14a-6(i) (4) and 0-11.
 
  (1) Title of each class of securities to which transaction applies:
    ------------------------------------------------------------------------
 
  (2) Aggregate number of securities to which transaction applies:
    ------------------------------------------------------------------------
 
  (3) Per unit price or other underlying value of transaction computed
      pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
      filing fee is calculated and state how it was determined):
    ------------------------------------------------------------------------
 
  (4) Proposed maximum aggregate value of transaction:
    ------------------------------------------------------------------------
 
  (5) Total fee paid:
    ------------------------------------------------------------------------
 
[X]Fee paid previously with preliminary materials.
 
[_]Check box if any part of the fee is offset as provided by Exchange Act Rule
   0-11(a) (2) and identify the filing for which the offsetting fee was paid
   previously. Identify the previous filing by registration statement number,
   or the Form or Schedule and the date of its filing.
 
  (1) Amount Previously Paid:
 
  (2) Form, Schedule or Registration Statement No.:
 
  (3) Filing Party:
 
  (4) Date Filed:
<PAGE>
 
Contact:Bruce C. Wheatley                                 Jim Fingeroth/Ruth
    Commercial Intertech                                  Pachman/
    330-740-8580                                          Andrea Bergofin
                                                          Kekst and Company
                                                          212-593-2655
 
                                                           FOR IMMEDIATE RELEASE
 
    COURT SAYS IT WILL DENY UNITED DOMINION'S PRELIMINARY INJUNCTION MOTION
                          REGARDING OHIO TAKEOVER LAWS
 
  Youngstown, Ohio: July 31, 1996--Commercial Intertech Corp. (NYSE: TEC)
announced today that, following a two-day hearing, the United States District
Court in Columbus, Ohio said that it would deny United Dominion Industries
Limited's motion for a preliminary injunction to declare unconstitutional
certain provisions of Ohio's takeover legislation. The Court stated it would
enter its written opinion and order in a few days.
 
  The Company said that at its previously scheduled Special Meeting of
Shareholders to vote on United Dominion's proposed $30-per-share tender offer,
United Dominion's purchase of shares must be approved by two separate votes:
(1) a majority of all shares represented at the Special Meeting and (2) a
majority of all such shares that are not "interested shares." The result of the
denial of United Dominion's injunction motion is that "interested shares" will
include Commercial Intertech shares acquired after June 27, 1996 by any persons
who paid over $250,000 for such shares.
 
  Paul J. Powers, Chairman and Chief Executive Officer of Commercial Intertech
said, "We are very pleased at this important litigation development."
 
                                     # # #
 
  The following is a list of the names and shareholdings of individuals who may
be deemed to be "participants" in the solicitation of proxies or revocation of
agent designations by Commercial Intertech in opposition to United Dominion and
OAC's solicitation of proxies for a "control share" meeting and their
solicitation of agent designations to call a special meeting (information with
respect to shareholdings includes common shares, shares issuable pursuant to
options exercisable within 60 days, and preferred shares): Paul J. Powers
(329,041 shares); Mark G. Kachur (32,086 shares); Bruce C. Wheatley (34,714
shares); Hubert Jacobs van Merlen (13,103 shares); John Gilchrist (32,032
shares); William J. Bresnahan (300 shares); Charles B. Cushwa III (220,380
shares); William W. Cushwa (238,925 shares); John M. Galvin (5,750 shares);
Richard J. Hill (10,397 shares); Neil D. Humphrey (6,635 shares); William E.
Kassling (5,000 shares); Gerald C. McDonough (4,500 shares); C. Edward Midgley
(10,000 shares); George M. Smart (2,750 shares); Don E. Tucker (136,855
shares); Robert A. Calcagni (58,463 shares); Gilbert M. Manchester (33,994
shares), and Steven J. Hewitt (23,880 shares).


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