R&B, Inc. Is Advised That Principal Shareholders May Purchase Shares of Common Stock
8 March 1999
R&B, Inc. Is Advised That Principal Shareholders May Purchase Shares of Common StockCOLMAR, Pa., March 8 -- R&B, Inc. reports that it has been advised by Richard Berman, President, Chief Executive Officer and a principal shareholder of the Company that he and/or his affiliates have indicated an intention to purchase up to 300,000 shares of R&B, Inc. common stock. In addition, Mr. Berman has indicated that if any such purchase program is commenced, that it may be discontinued at any time. R&B, Inc. is a leading supplier of "hard-to-find" parts and fasteners for the automotive aftermarket. R&B's parts are marketed under more than fifty proprietary brand names, through its Motormite and Dorman divisions, as well as under the private labels of automobile manufacturers, parts manufacturers, and national warehouse distributors. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. Factors that cause actual results to differ materially include, but are not limited to, those factors discussed in the Company's Annual Report on Form 10-K under "Business -- Investment Considerations."