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Technology Stocks : DSC Communications
DIGI 0.00010000.0%Jun 3 1:06 PM EST
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To: Dell-icious who wrote (4285)6/4/1998 4:51:00 PM
From: webstocker  Read Replies (1) of 4429
 
I read in one of the press release that the buying price is 8% over the DSC's 52 week high of 32.75. That indicates it is based on yesterday Alcatel closing price (0.815 ALA share for every one DIGI share) or may be based on ALA price on the day the deal closes?

Buying price based on yesterday's close will be:
$32.75 + $2.62 (8%) = $35.38
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