LGL Continues the Evaluation of a Non-Binding Acquisition Proposal; Announces Pending Expiration of Its Warrants August 6, 2018

ORLANDO, Fla.--(BUSINESS WIRE)--The LGL Group, Inc. (NYSE American: LGL) (the "Company"), a globally diversified holding company with a history of operations dating back to 1914, today announces that management and its board of directors (“Board”) continue the evaluation of a non-binding proposal from an investment group to acquire for cash the assets of its two principal operating subsidiaries, M-tron Industries, Inc. (“Mtron”) and Precise Time and Frequency, LLC (“PTF,” and together with Mtron, “MtronPTF”).