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Technology Stocks : Data General Corp. "dgn"

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To: Calvin who wrote (339)9/10/1999 9:30:00 PM
From: Calvin  Read Replies (1) of 354
 
Proxy statement for shareholder meeting on October 7th.

edgar-online.com

......At the special meeting, you will be asked to vote on the merger of Data
General Corporation and a wholly-owned subsidiary of EMC Corporation. In the
merger, if the average of the mean high and low prices of EMC common stock for
each of the 20 consecutive trading days ending on the fifth day prior to the
special meeting is $66.0625 or less, you will receive .3262 of a share of EMC
common stock for each share of Data General common stock that you own. If that
average price of EMC common stock is greater than $66.0625, for each share of
Data General common stock that you own, you will receive a fraction of a share
of EMC common stock equal to $21.55 divided by such average price of EMC common
stock. EMC common stock is listed on the New York Stock Exchange under the
trading symbol "EMC," and on September 3, 1999, EMC common stock closed at
$62.875 per share. You will receive cash for any fractional shares of EMC
common stock which you would otherwise receive in the merger.........
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