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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: valuehunter who wrote (16437)	7/14/1999 9:04:00 AM
From: Colin Cody	Read Replies (2) of 19331

other news 7/14/99... The merger will be effected by exchanging .565 shares of Onsale for each outstanding share of Egghead.com, valued at approximately $400 million, in a tax-free transaction, resulting in current Egghead.com shareholders owning approximately 47 percent of the combined company. The merger is intended to be a pooling of interests, and is subject to approval by shareholders of both companies, regulatory approval and other customary conditions. Executives and directors of both companies have agreed to vote their shares in favor of the proposed transaction. ''

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