Data Return Corp. (DRTN) Message Board

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Technology Stocks : Data Return Corp. (DRTN)

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To: HeyRainier who wrote ()	10/31/1999 1:29:00 PM
From: HeyRainier	Read Replies (1) of 178

[ Microsoft Investment in Data Return ] Curious about the talk on other message boards about Microsoft's investment in Data Return, I hunted down from the Edgar filing: "...Microsoft committed to buy $5.0 million of our common stock for a price per share equal to the lesser of the midpoint of the lowest filing range, which was $11.00, and the price to public, which is $13.00... ...Microsoft will also acquire a warrant to purchase 340,910 shares of our common stock at an exercise price of $11.00. The closing of the Microsoft transaction is scheduled to occur on October 28, 1999.

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