Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 270.83

+0.8%

11:45 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J R KARY who wrote (8015)	1/28/1998 7:14:00 PM
From: TalkingStick	Read Replies (2) of 213173

The article must be incorrect as I was a Power shareholder. The merger price was fixed at the average of the previous five day closing prices for Apple- This fixes the price at a little greater than 19. The total price was $100M, there was $20M that was loaned to Power to pay off loans- That money is gone. $15M sticks in an escrow that gets released. The balance-$65M will be free on the street soon depending on the 144 restrictions.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next