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Microcap & Penny Stocks : Telscape (TSCP) & PointeCom (previously C-Com)

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To: Jimi Plym who wrote (141)1/4/2000 4:39:00 PM
From: Jimi Plym  Read Replies (1) of 152
 
Telscape International, Inc. and Pointe Communications Corporation Sign Definitive Merger Agreement
-- Merger To Create One of the Leading Integrated Communications Providers in the U.S. Hispanic and Latin American Markets --
HOUSTON--(BUSINESS WIRE)--Jan. 4, 2000-- -- Strategy to Include Significant CLEC Component --

Telscape International, Inc. (NASDAQ: TSCP - news) and Pointe Communications Corporation (NASDAQ OTC BB: PCOM - news) today jointly announce the signing of a definitive merger agreement. The companies have agreed to an all-stock transaction in which each share of PointeCom will be exchanged for 0.215054 shares of Telscape common stock. The surviving company will trade under the ticker symbol "TSCP" on the NASDAQ National Market System.

biz.yahoo.com
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