GateField (GATE) Message Board

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Technology Stocks : GateField (GATE)

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To: SyncMan who wrote (3951)	5/11/2000 8:50:00 PM
From: ToolManInc	Read Replies (2) of 4005

Raging Bull...Lawsuits for Gate; Buyout -- shareholder suits It was announced that Actel is going to acquire the remaining shares of GateField that it does not already own. As a result, shareholders will only receive $5.25 per share. This offer is incredibly unfair, given, among other things, the company's true inherent value. I have learned that several shareholder groups are seeking to prevent the takeover. They are seeking to enjoin the transaction or force a fair bidding process to ensure that shareholders receive a fair price. If you would like additional information, please feel free to e-mail me at mnski@hotmail.com

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