Concentric Network Corporation (CNCX) Message Board

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Technology Stocks : Concentric Network Corporation (CNCX)

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To: joarel who wrote (365)	1/10/2000 2:41:00 PM
From: VinWood	of 377

Can anyone address the ramifications for the Preferred Shares Purchase Rights Plan adopted on December 3,1999 by the CNCX board? The Rights contain provisions to protect shareholders in the event of an unsolicited takeover attempt through such methods that Nextlink just used. This takeover was obviously not hostile. The two CEOs looked pretty chummy on CNBC this morning.

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