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Non-Tech : Childrens Broadcasting (AAHS)

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To: Matt who wrote (14)7/26/1997 10:15:00 AM
From: bob grossmann   of 30
 
the buyer only has to put up $500K by July 31 and than another $3 mill. by Aug 15th to keep his option open for five months. The deal is far from closed. And now AAHS has tipped their hand about what they will do with the money by announcing buying into HAHO. Some of us thought AAHS was going to distribute some of the money.
Nonetheless, I think the deal WILL go thru giving AAHS about $8.25 net in cash after tax and the lawsuit against DIS. When the $500K comes in, the stock will move closer to $5. When the $3 mill. comes in the stock will move to $6. IMHO
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