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Non-Tech : JMCGC......Is the Future Crystalizing?
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To: TraderGreg who wrote (32)5/21/1999 9:19:00 AM
From: If only I'd held  Read Replies (2) of 60
 
I'm not sure whether I like this or not

Under the terms of the proposed merger, FEDE stockholders will receive newly issued shares of JMCG. Following the transaction, it is anticipated that current JMCG stockholders will own approximately 48% of the newly merged company. The proposal is expected to be voted upon by stockholders of JMCG in June.

"Newly issued shares"
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