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Gold/Mining/Energy : CIBC tse/cm
CM 90.52+4.2%3:59 PM EST

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To: Mr. G who wrote (118)3/18/1999 9:06:00 AM
From: Poseidonas  Read Replies (1) of 147
 
To Mr G. : Watch out CIBC is out for big money - fast.
Today's Post:
"CIBC seeks way to cash in on Global Crossing windfall
Theresa Tedesco and John Greenwood Financial Post
In the wake of Global Crossing Ltd.'s takeover of a U.S.-based
telephone company yesterday, officials at Canadian Imperial
Bank of Commerce are scrambling to find ways to get
around a shareholders' agreement that will allow the bank to cash in
on some of its potential windfall from the investment in the
Bermuda-based telecom company. ..."
see the rest at (http://www.nationalpost.com/financialpost.asp?f=990318/2385588)

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