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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Knight who wrote (10954)3/13/2003 10:27:33 AM
From: Bucky Katt  Read Replies (1) of 48461
 
Please tell me someone here had some CMED going into today???
Message 18497324
They are being taken over....
BOULDER, Colo. (Dow Jones)--Colorado MEDtech Inc. signed a definitive agreement to be acquired by Civco Holding Inc., an entity controlled by KRG Capital Partners LLC and its affiliated funds, for $4.50 to $5 a share.



Based on Colorado MEDtech's Wednesday closing price of $2.84, the deal represents a premium of 58% to 76%.

In a press release Thursday, the company said Colorado MEDtech shareholders will receive cash for each common share totaling $62.5 million plus a distribution of any Colorado MEDtech cash remaining at the time of closing.

Another bottom fish for the dog pound.
stockcharts.com[l,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
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