Alloy Online, Inc. (ALOY) Message Board

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Technology Stocks : Alloy Online, Inc. (ALOY)

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To: Frederick Langford who wrote (124)	3/12/2000 11:47:00 PM
From: 2MAR$	of 147

DJN: WSJ(3/13): Liberty Digital Expects To Purchase Alloy Online From The Wall Street Journal Liberty Digital Inc., New York, is expected to announce today that it will pay $10 million in cash and $45.5 million in stock for a minority stake in Alloy Online Inc., a teen Web site based in New York. Alloy Online will issue 2.9 million new shares of common stock, giving Liberty Digital a 19.9% stake. This amounts an effective price of $19 a share for Alloy shares -- a 24% premium to the company's 4 p.m. price of $15.3125 on the Nasdaq Stock Market Friday. Liberty Digital, Englewood, Colo., is an Internet investment firm that was spun off from Liberty Media, the investment arm of John Malone. On Friday, Liberty Digital fell $1.3750 to $52.6250 on the Nasdaq Stock Market in 4 p.m. trading. (END) DOW JONES NEWS 03-12-00

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