Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (9920)	6/22/2001 11:11:50 AM
From: isopatch	Read Replies (2) of 52237

Paul. LOILY gets a great buyout deal from TLM Couldn't have written a better asset buy out myself! Below is the reason I'm going to continue to hold. "- Lundin Oil's assets in Sudan, Russia and Somalia will not be acquired by Talisman and will instead be spun off into a new company to be called Lundin Petroleum AB. These assets have been attributed a minimum book value of US$60 million. In addition to the cash received from Talisman, shareholders of Lundin Oil will receive shares of this new company on a one-for-one basis." I luv it! We get a nice pile of cash for the perpherial assets AND keep the jewel - the Sudan blocks - which IS the "company maker". quotes.freerealtime.com Isopatch

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