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Non-Tech : Iomega Thread without Iomega
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To: Gottfried who wrote (229)6/29/1998 1:25:00 PM
From: Ben Antanaitis  Read Replies (1) of 10072
 
GM,

Here is the answer from DJ:

Iomega will take a third-quarter charge associated with the acquisition, which it will write off over five years. Under French law, Iomega must make a tender offer to all Nomai shareholders. It won't know the exact amount of the charge until it completes the tender offer.
-Christopher Grimes; 201-938-5253
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.

Ben A.
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