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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review
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To: SIer formerly known as Joe B. who wrote (1022)1/13/2000 1:58:00 PM
From: JakeStraw  Read Replies (1) of 1502
 
Subject to certain limitations and adjustments set forth in the Merger ...Agreement, StarBase will issue its stock in exchange for ObjectShare stock at a value in excess of $6.1 million, but not to exceed $8.85 million based upon the average trading price of StarBase stock prior to the closing. A $6.1 million valuation would produce a consideration per share to ObjectShare stockholders of approximately $0.49, representing a premium of approximately 36 percent over ObjectShare's closing price as of November 3. The transaction, which is subject to ObjectShare stockholders' approval and certain other conditions to closing, is expected to be completed in early 2000. ObjectShare currently has approximately 12,471,000 shares outstanding.

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