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URL:
http://boards.fool.com/alcatel-buyout-of-dsc-10196839.aspx
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| Subject: Alcatel buyout of DSC | Date: 6/4/1998 8:48 AM | |
| Author: TMFJeanie | Number: 24 of 35 | |
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Just announced this morning -- Alcatel will buy DSC Communications in a $4B stock deal. DIGI shareholders will receive .815 share of Alcaltel's (American Depository Shares) in exchange for one share of DIGI. This is approximately a 80% premium, based on yesterday's closing price. Congratulations to DIGI shareholders :-) TMF Jeanie |
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