Tokyo Joe's Cafe / Anything goes 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.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Turboe who wrote (16376)	5/11/1998 10:14:00 AM
From: medina	Read Replies (3) of 34592

LSVI ...here is the news...... Friday May 8, 7:34 pm Eastern Time Little Switzerland holders approve Retail merger NEW YORK, May 8 (Reuters) - Little Switzerland Inc. (LSVI - news) said Friday its planned merger with privately-held Destination Retail Holdings Corp. has been approved by the company's stockholders. Upon completion of the proposed merger, Little Switzerland shareholders will receive $8.10 in cash, without interest, for each share of common stock held on the effective date of the merger, the specialty retailer said in a statement. Destination has told Little Switzerland it is continuing to work with DLJ Bridge Finance Inc. and Donaldson Lufkin & Jenrette Inc. to obtain financing necessary to complete the deal. Little Switzerland has told Destination it has the right to terminate the merger if it has not been completed and Destination does not deposit the merger consideration with the paying agent by 5:00 pm May 22. Little Switzerland sells watches, jewelry and other items in 24 stores on the Caribbean islands and three stores in Alaska cruise ship destinations. More Quotes and News: Little Switzerland Inc (Nasdaq:LSVI - news) Related News Categories: US Market News

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next