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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Rocket Red who wrote (104283)4/30/2002 7:08:42 PM
From: Rocket Red  Read Replies (2) of 150070
 
In the transaction, which will be taxable to Jupiter Media Metrix stockholders,
those stockholders may elect to receive 0.1490 NetRatings shares or $1.95 in
cash in exchange for each Jupiter Media Metrix share. The exchange ratio of
0.1490 is fixed, based on the NetRatings closing price of $13.09. The merger
agreement provides that no more than 50 percent nor less than 30 percent of the
aggregate transaction consideration will be paid in cash. Jupiter Media Metrix
directors and certain key members of management, who hold a total of
approximately 22 percent of the Jupiter Media Metrix stock, have agreed to
exchange no less than 70 percent of their holdings for stock with the remaining
portion to be received in cash. They have also agreed to vote their shares in
favor of the transaction.

JMXI tumbled when the deal was called off for some reason but surely its worth more than 15 cents?
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