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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: Pierre who wrote (291)11/3/1997 11:11:00 AM
From: Jason Chesshir  Read Replies (1) of 1923
 
Do the math peoples!

"LUNN said the two companies agreed in principle to an arrangement in which LUNN shareholders would retain an approximate 26%
fully diluted interest in the combined entity through an exchange of one share of the combined corporation's common stock for each 10
LUNN shares and about 8.3 shares for each Technical Products share."

1 for 10 reverse split per the merger! Lunn shareholders got screwed!
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