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Technology Stocks : Allaire
ALLR 1.035-1.4%12:32 PM EST

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To: JHP who wrote (596)1/16/2001 6:54:30 PM
From: Shane M   of 612
 
does this trigger shareholders rights plan?

Here's the story

quicken.excite.com

"This transaction is subject to certain closing conditions, including regulatory approvals and the approval of the Allaire shareholders, and is expected to close by the second calendar quarter of 2001. In connection with the merger agreement, Allaire has granted Macromedia an option to acquire 19.9 percent of Allaire's stock, exercisable in certain circumstances. "

Macr closed down to 39 after the announcement so current value of the deal is about 0.2*39 + 3 = $10.80. ALLR was trading on island at 10 1/8 a second ago.

Shane
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