Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0

Good morning,

A Reuters item this morning said President Clinton has cleared the way for Japan's NTT Communications (NTT) to buy Verio. Clinton determined that the deal was not a threat to U.S. national security.

Click on the news link at the top of this page to read the full press release.

Keep Foolish and Prosper,

Spirit
Print the post Back To Top
No. of Recommendations: 0
YEE-HAW!!

One less stock to worry about. Now I have to agonize only about ELNK, ENTU, NITE, and QCOM, to name a few! A $36 LT gain is looking pretty good at this point.

Carol
Print the post Back To Top
No. of Recommendations: 0
Well yes...at least so I am told...yet I see no money changing hands yet...perhaps another delay?
Print the post Back To Top
No. of Recommendations: 0
I don't think so. The tender offer was extended to today (Aug. 30) and now that Clinton has agreed to it, it's just a matter of time. Notice that the closing price today is just short of the $60 offer. That means the arbs. trading the spread are out of it now. We should get a final date soon.

Carol
Print the post Back To Top
Advertisement