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Technology Stocks : HARBINGER (HRBC)

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To: Brent Gilbertson who wrote (27)	10/23/1997 8:52:00 PM
From: Brent Gilbertson	of 402

<Picture: Reuters Securities News> <Picture: [Dive In]> [ Yahoo \| Write Us \| Search \| Headlines \| Info ] [ Business - Company - Industry - Finance - PR Newswire - Business Wire - Quotes ] ------------------------------------------------------------------------ Thursday October 23 6:14 PM EDT Harbinger to buy Premenos in stock deal ATLANTA, Ga., Oct 23 (Reuters) - Harbinger Corp said on Thursday that it had signed a definitive agreement to buy Premenos Corp in a deal that will translate into a $20 to $30 million charge in the fourth quarter. Harbinger anticipated the deal will be accretive to its shareholders in 1998, however. Harbinger said it would issue 0.45 shares of its common stock for each share of Pemenos, a company that provides electronic commerce software products. The transaction, which will be accounted for as a pooling of interests, is expected to close on or before Dec 31, 1997. Harbinger provides electronic commerce software and network services. ------------------------------------------------------------------------ More news for referenced ticker symbols: HRBC, and related categories: stock capsules, options. ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright c 1997 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon Important Disclaimers and Legal Information Questions or Comments?

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