SI
SI
discoversearch

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 : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (23574)3/28/1998 7:59:00 PM
From: rudedog  Read Replies (2) of 97611
 
CPQ was at 29 (58 pre-split) when the merger agreement was done. it had a brief run up to 32 and change right before the announcement but had pretty much been trading 27 to 30 when they were figuring the value. so current price is within 10% of the exact number and is certainly within the range they were looking at. One of the reasons for the half-cash half-stock deal was to buffer the value from short term stock price shifts. CPQ management has said several times that there will be no renegotioation, and DEC has a cash penalty ($250M I think) if the deal does not go through, which I believe includes renegotiation. I'm just looking at the public info on this but I think they will go forward with the deal as it stands. The real question is whether DEC shareholders unload or double down.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News