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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: BN who wrote (12453)4/5/2001 3:08:48 PM
From: mike.com   of 13157
 
ACTV will acquire Intellocity for $32 million in common stock, and will make an additional stock payment contingent upon Intellocity meeting certain performance targets. IATV was selling over $6 when this announcement was made so that would imply roughly 5 million shares. The people from Intellocity are probably sorry this deal ever happened. Now they know how shareholders of IATV feel.
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