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Technology Stocks : Newbridge Networks
NN 15.89+2.6%3:59 PM EST
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To: Serge Collins who wrote (13944)10/27/1999 12:01:00 AM
From: pat mudge  Read Replies (1) of 18016
 
From the SEC documents:

If the average closing price of the Newbridge common stock falls below $24, the exchange ratio will be 1.25, unless Newbridge agrees to increase the exchange ratio so that you will receive Newbridge shares with a value of at least $30 (not including shares issued for the contingent value) for each share of Stanford common stock that you own. If Newbridge does not agree to adjust the exchange ratio, Stanford Telecom will have the right to terminate the merger agreement without completing the merger.
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