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Stocks T / TyCom, Ltd.

URL:  https://boards.fool.com/so-thats-it-for-tycom-i-guess-im-not-sure-what-16008715.aspx

Subject:  Re: TYC to acquire TCM Date:  10/29/2001  9:01 AM
Author:  pknoerr Number:  112 of 136

So, that's it for Tycom?

I guess I'm not sure what you mean by this. Tycom will cease to exist as a seperate tradeable entity. Other than that, Tycom will continue to build out it's worldwide fiber network. All of the Tycom major TCM executives, were exectutives with TYCO's TSS prior to the spinoff, and will likely once again become TYC employees. All of your TCM stock will be converted to TYC stock with a buy price of 15.42. I'm assuming that shareholders will have to take capital gains (errrr losses for most folks)on TCM. I haven't read anywhere that the transaction is tax deferred.

PK
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