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Non-Tech : Tyco International Limited (TYC)

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To: Mang Cheng who wrote (143)	10/1/1998 2:44:00 PM
From: Terrapin	Read Replies (2) of 3770

Shareholders approve Tyco's Acquisition of U.S. Surgical Corporation: biz.yahoo.com Important notes: President of Tyco Healthcare Products Group will be Richard Gilleland (formerly of Kendall). Leon Hirsch was given non-executive chairmanship. USS shareholders will receive 0.7606 shares of Tyco resulting in 62 million shares issued by Tyco. Can we expect dilution? Can we expect Hirsch to cash out the way Ashcroft has been doing? Overall this is excellent news and I continue to hold awaiting an opportunity to buy more. John

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