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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Philip W. Dunton, Jr who wrote (3038)9/25/2000 8:20:53 PM
From: John Stewart  Read Replies (4) of 3661
 
From today's filing I read:

"As set forth in the Combination Agreement, STEAG may terminate the
Combination Agreement if the 20- trading-day average closing price of Mattson's
common stock measured two business days prior to the proposed closing of the
business combination is below $15.78 per share. In addition, STEAG may
terminate the Combination Agreement if the 20 trading day average closing price
of Mattson's common stock measured two business days prior to the proposed
closing of the business combination is below $20.00 per share, unless Mattson
elects to pay, in the form of a 3-year promissory note, the product obtained by
multiplying 11,850,000 by the difference between $20.00 and such 20-trading-day
average common stock closing price. See "The Strategic Business Combination
Agreement--Termination." "

Does this say what I think it says?
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