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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 9 4:00 PM EST

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To: Charles A. King who wrote (8658)1/27/1998 8:10:00 AM
From: Charles A. King  Read Replies (1) of 13091
 
Laidlaw improved its offer for Safety Kleen. The previous offer was for $30 a share, half cash and half stock, minus estimated "breakup" fees associated with backing out of the agreement Safety Kleen's management made for the takeover by Philip Services.

Under the improved offer, each Safety-Kleen shareholder would receive $30.00 composed of $18.00 in cash and $12.00 in Laidlaw Environmental shares. The increased cash component is no longer subject to any reduction for estimated ''break-up'' fees and expenses agreed to by Safety-Kleen in their previous merger agreement with Philip Services Corp.

biz.yahoo.com;

Charles
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