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Non-Tech : Amati investors

AMTX 1.535

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2:16 PM EST

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To: alvin ung who wrote (29104)	11/20/1997 12:35:00 PM
From: ratan lal	Read Replies (1) of 31386

Alvin << Since Westell had a penalty clause of 14 million plus if the deal fell through, wouldn't it be prudent to believe that TXN also has such a clause >> There is no mention of any penalty due TXN. But it would be interesting since TXN agreed to pay the penalty to WSTL. See biz.yahoo.com TI agreed to pay Westell a $14.8 million ''break-up'' fee and the two companies also agreed on a strategic alliance. Apart from paying Westell a $14.8 million ''break-up'' fee, Texas Instruments said Wednesday it was starting a strategic alliance with the company to develop and deploy TI's digital subsciber line, which is based on digital signal processing technology, with Westell's lines. The companies also agreed to jointly develop a next generation of digital subscriber lines, which will feature higher speed and extend into the network and service management markets. Ratan

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