Paul, how about we start a list of what deals we know about that have a decent spread and just provide a little info on all...and we can just update occasionally. It may make things easier to track. I'll start and others can add additional info or others that I miss or aren't aware of.
CASH ONLY
AATT - $25.50 offer, financing not in place and no shareholder vote yet, anticipated close 4th Qtr 99.
BGF - $31.50 offer, shareholder vote Nov 23rd.
CGE - $12.50 offer, financing not in place and no shareholder vote yet, anticipated close 4th Qtr 99.
GIBG - $10.25 offer.
HERBA/HERBB - $17 offer, financing not in place and not enough tendered yet, anticipated close late November if not extended.
LUCK - $12 offer, financing may or may not be in place and no shareholder vote yet, anticipated close 1st half 2000.
OSU - $16.75 + preferred, shareholder vote Nov 22.
PLAY - $8.50 offer, PLAY shareholders have approved, extended to Jan 31, 2000.
SSI - $10.35~ offer, shareholder vote Nov 17th.
VIAS - $9 offer, DOJ antitrust challenge, extended to Nov 26th.
WDN - $23.25 offer, no shareholder vote yet.
CASH AND STOCK
BOSS - 1.25 shares MAK; $13.50 cash (up to 50%).
CTZ - $52 share cash and FNF stock, collar on FNF, anticipated close 1st Qtr 2000.
PALX - $9 cash and IFCO stock, not comfortable with proposed capital structure.
STOCK ONLY
UMG - ?
USW - $69 in QWST stock, subject to collar, USW shareholders have approved, could take time for necessary regulatory approval.
KJ |
