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Technology Stocks : Trading TAVA

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To: Skeptic who wrote (162)	2/24/1998 5:38:00 PM
From: Tim J. Flick	Read Replies (1) of 655

Wonderware get's merger deal!! FOXBORO, Mass., Feb. 24 /PRNewswire/ -- Siebe plc (Windsor, UK) and Wonderware Corporation (Nasdaq: WNDR - news; Irvine, CA) announced today that Siebe has entered into a definitive agreement to acquire Wonderware for $24 per share in cash, or approximately $375 million. The offer was unanimously approved by Wonderware's Board of Directors. Siebe plc expects a cash tender offer as soon as possible to complete the transaction, which is expected to occur in April of 1998. Wonderware would remain as a separate operating unit within Siebe.

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