Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: KevinMark who wrote (80691)	3/1/2000 10:28:00 AM
From: puborectalis	Read Replies (2) of 108040

WIN.TO exploding in Toronto.........fantastic news just released: Wi-LAN Inc.: DTS Enters Into Merger Agreement With Telcor, DTS Adds Proven US and International Sales Channels into Wireless Markets Wi-LAN (TSE:WIN.) NORCROSS, GA./CALGARY, Alberta--(BUSINESS WIRE)--March 1, 2000-- Digital Transmission Systems (DTS) (OTCBB: DTSX - news), a manufacturer of telecommunications equipment announced today that it has entered into a merger agreement with Telcor Communications, a private telecom equipment supplier based in Duluth, Georgia. The acquisition provides DTS with a substantial sales and marketing distribution channel to their wireless carrier customers. As part of the agreement, DTS will pay Telcor shareholders $25 million in cash and stock. Both companies have agreed to have the merger finalized by March 31, 2000 subject to HSR approval and receipt of all other required consents. Telcor, headquartered a few miles from DTS, specializes in reselling new and de-installed telecommunications

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