WTC SHAREHOLDERS APPROVE PITTSTON <PCO> BUYOUT
Pittston Co said WTC
International N.V. shareholders approved the acquisition of the
company by Pittston.
    Terms of the transaction call for Pittston to exchange
0.523 of its own common shares for each outstanding WTC share,
Pittston said.
    WTC is engaged in domestic international air freight, ocean
and surface freight forwarding and consolidation and
distribution services.
 Reuter
