Cincinnati Bell, Inc. Message Board

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Technology Stocks : Cincinnati Bell, Inc.

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To: Carey Thompson who wrote (42)	1/10/2000 2:47:00 PM
From: Ted Gregg	Read Replies (2) of 86

Thread wake-up call, BRW surged to a new high today! It just ocurred to me that I did not receive a DRP statement for November so I checked their web site and found the following: "In connection with the IXC acquisition, Cincinnati Bell issued $400 million in convertible subordinated debt to Oak Hill Capital Partners, a private investment firm. Cincinnati Bell also purchased 5 million IXC shares from IXC?s largest shareholder, launched a repurchase program for Cincinnati Bell shares, and eliminated its common-share dividend." Most of you may have already known this but I shall post for others like myself who do not always read all press releases as throughly as I should. Happy investing, Ted (Long)

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