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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: Thomas DeGagne who wrote (852)8/7/1999 9:23:00 PM
From: Edward W. Richmond  Read Replies (1) of 1571
 
Bergeron was impressive in a quiet, low-key presentation. His main points were:
1. The managements of both JBA and Geac recommend accepting the Geac offer.
2. The investment firms engaged by each company have recommended the offer.
3. There is a nice premium above the share price prior to the offer.
4. He anticipates that the offer will be approved "in the fullness of time".
5. Geac is a $800M company.
6. There are several acquisitions in the works.
Regards, Ed
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