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Non-Tech : Cable Car Beverage (DRNK)
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To: MKEL who wrote (146)6/24/1997 3:02:00 PM
From: hoopsville   of 284
 
I'm sitting tight to see what shakes out. Enough complaining may start an organized stockholder campaign to vote "NO" on the merger. Could attract the interest of some other company who would say if the vote fails, "We will offer $5 for the shares." Or maybe management will come to their senses and remain independent (but who knows what goodies Triarc has offered Cable Car's management?). Meanwhile hope for good Triarc quarterly report-we don't want their stock price to fall back to 10. The least Triarc could do is give us $4 in their stock on the day the acquisition becomes effective and not stipulate a set number of shares leaving us at the mercy of the market. IMHO not much thought was given by DRNK in protecting their shareholders.
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