Service Resources Corp said its Chas. P. Young Co subsidiary which has offered to acquire Sorg Inc in a friendly merger at 22 dlrs per share is willing to explore the possibility that members of the Sorg family and other Sorg shareholders could continue to hold an equity position in the combined company. The company also said it has received a commitment for up to 66 mln dlrs in financing from Security Pacific Corp &lt;SPC> for the merger the repayment of Sorgs bank debt and working capital of the combined company.
SERVICE RESOURCES <SRC> OFFERS SORG <SRG> STAKE