SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Commerce One Inc - (CMRC)
CMRC 5.525+6.3%Nov 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sam who wrote (746)1/26/2000 9:48:00 AM
From: Mohan Marette  Read Replies (1) of 1938
 
The sale is structured in such a way CSFB would pay EDS the money at yesterday's stock price but the stock won't be transferred to CSFB 5 years hence,EDS also would have privilege to participate in another 20% of the gain during this time. Sounds like a complicated deal but an interesting one nonetheless. EDS gets the money now to pay off some debt in the mean time. I think that is how the deal is structured.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext