IBM Message Board - Msg: 8289275

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Technology Stocks : IBM

IBM 302.46

+2.5%

Jan 6 3:59 PM EST

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To: Robert Scott Diver who wrote (4788)	3/12/1999 1:48:00 PM
From: J R KARY	of 8220

$5 bln in cash coming from A T & T after filing a $4 bln self offering Armonk is going to continue to look green long after St. Patrick's Day: " update The Department of Justice has given the green light to AT&T's $5 billion purchase of IBM's global data network. The agency gave its approval without imposing any new conditions on the companies. European regulators are still reviewing the transaction, however. Under the deal announced on December 8, AT&T would buy IBM's Global Network for $5 billion in cash, the telephone giant's most recent move to expand its international reach and its fast-growing data business. " news.com Come to THINK of it , its been almost a year since LVG told analysts IBM was not going to buy any PC companies this (3/98) year . Guess the rumors will begin soon . Jim K.

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