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Stocks D / DSC Communications Corp.

URL:  http://boards.fool.com/alcatel-buyout-of-dsc-10196839.aspx

Subject:  Alcatel buyout of DSC Date:  6/4/1998  8:48 AM
Author:  TMFJeanie Number:  24 of 35

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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