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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST
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To: Glenn D. Rudolph who wrote (29328)1/4/1998 8:34:00 PM
From: john dodson  Read Replies (2) of 61433
 
LU is now getting close to a position to bid higher and not have the deal close until October

Glen,

Excellent post. Question: assuming LU does want to buy LU and have it be effective in October so they can take advantage of the "pooling of interest" benefits, what's the earliest that they could finalize such a deal with ASND? Could they theoretically get agreement of such a deal with ASND, say right now in Jan, 98, and have it be effective in October, thereby obtaining the "pooling of interest" tax benefits?

-John Dodson
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