Possibly old news (Reuters 6/4), but here 'tis anyway:
ASCEND COMMUNICATIONS and several other shareholders of CISCO SYSTEMS plan to collectively
sell 2,682,295 common shares of Cisco, a federal regulatory filing on Friday said. Ascend is looking to sell
935,653 Cisco shares, according to the SEC filing by Cisco. Other selling shareholders include Alta California
Partners LP, with 323,024 shares, and New Enterprise Associates VII LP, with 320,511 shares. The offering
is not underwritten, and Cisco said it will not receive any proceeds from the sale of the shares, which may be
sold on a delayed or continuous basis. (Reuters 11:41 AM ET 06/04/99) For the full text story, see full story.
Hi Tom. |
