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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)
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To: hdl who wrote (2069)1/25/2004 1:19:09 PM
From: Glenn Petersen  Read Replies (2) of 2110
 
ariba fell on the news

That is generally the case for the acquiring company. Another 100 million shares issued, $90 million in cash out the door (though FMKT had $130 million in the bank as of the end of September) and a reverse split.

An estimated $25 million in cost savings.

Overall, the merger looks like a good fit.
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