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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 78.58-2.9%3:17 PM EST

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To: Straight Up who wrote (4740)7/28/1999 11:46:00 AM
From: Shelia Jones  Read Replies (1) of 6846
 
From the WSJ (print) today:

...providing a so-called collar to protect US West holders. Qwest will pay $69 for each US West share as long as Qwest trades between $28.26 and $39.90. Below the collar - which Qwest's stock came close to Monday - US West holders get less, and above it, they get more. If Qwest's stock falls below $22 for certain time periods, US West would be entitled to walk away from the deal.

What price does QWST have to maintain for merger ro pass?
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