The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: KJ. Moy who wrote (27236)	6/4/2000 4:12:00 PM
From: nic	Read Replies (1) of 29386

we are not taking anything for granted, aren't we? Nor should we! So, to play devil's advocate: from what I've read up to now, someone who doesn't want to see the merger going through can buy 5% of the float, then file for dissenters' status - cost about $40M, of which you're likely to regain at least, say, half. Much cheaper than making an irresistible counteroffer and paying Ancor's break-up fee... Why on earth is that clause in the merger agreement? Is that a legal requirement in Minnesota or something? - nic

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