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Technology Stocks : ACX Tech -Coors- Graphic Pkg (NYSE:GPK)

GPK 15.97

+1.0%

Jan 9 9:30 AM EST

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To: kinkblot who wrote (10)	12/26/1999 10:51:00 AM
From: kinkblot	Read Replies (1) of 27

FAQ on the CoorsTek spin-off coorsceramics.com CRTK wears a ball & chain, debt roughly in its proportionate share (1/5) of the pre-spin-off total: New Debt Financing: In contemplation of the spin-off, CoorsTek has negotiated $270 million in debt financing. CoorsTek will pay $200 million of the net proceeds to ACX to repay inter-company obligations and as a special dividend. ACX has labored on it these seven years. It is a ponderous chain.

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