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Technology Stocks : HS - CHS Electronics

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To: Nagaraju R. Arakotaram who wrote ()1/8/2000 5:25:00 PM
From: Bill Fortune III   of 1494
 
EXCHANGE TRANSACTION WITH JOURNEY HOLDINGS, LTD. YOUR VOTE IS VERY IMPORTANT

The Board of Directors of CHS Electronics, Inc. has recommended and approved a transaction in which CHS and a to-be-formed subsidiary of Journey Holdings, Ltd., referred to in the accompanying Proxy Statement as "NewCo," will conduct an asset exchange. CHS will transfer to NewCo all of its equity interests in substantially all of its European subsidiaries in exchange for $11 million in cash or releases of existing indebtedness of CHS totaling $11 million, cancellation of up to $287.5 million of indebtedness of CHS and 10% of the stock of NewCo (the "Exchange Proposal"). CHS is seeking your vote for this important transaction?.

Full info at this link:

newsalert.com

Regards,

Bill Fortune III
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