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To: MythMan who wrote (8536)	10/13/1998 5:13:00 PM
From: IceShark	Read Replies (3) of 86076

Cendant Corp. Tuesday scrapped its planned $3.1 billion acquisition of American Bankers Insurance Group Inc. Cendant said it agreed to pay ABI a termination fee of $400 million. 400 million!? Holy shit, that can't be right can it? I thought there laws against that sort of thing, as in shareholder rape statutes. -g- Well INTC is throwing a monkey wrench into the gears. Trading flat to slightly down in afterhours, but not exactly according to plan for a BK. Tried to dump the rest of my soft puts, but it never went off. Sigh .... Regards, IS

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