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Non-Tech : FTL- Fruit of the Loom
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To: KS who wrote (20)10/29/1999 11:51:00 AM
From: Marty Rubin  Read Replies (1) of 161
 
I think it was already posted on this thread, excluding the part where it says "IF MORE THAN 2,164,620 SHARES ARE VALIDLY TENDERED, CARNEGIE WILL PROVIDE AN ADDITIONAL 5% (3,606,700 SHARES)." I have no clear idea on what that means: is that a guarantee that the offer wouldn't close if at least 2.2M shares are tendered (in which case they will buy up to 3.6M more)?

anyway, are you a shareholder, and did you receive it in the mail? the previous source re that offer came from dow jones.
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