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
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
Well yes...at least so I am told...yet I see no money changing hands yet...perhaps another delay?
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