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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Gravitar who wrote (3232)10/16/1998 11:03:00 AM
From: Walter VanDerwall   of 3307
 
This was E-mailed to me this morning.....

* SYMANTEC CORP today announced it has signed a definitive merger
agreement to acquire QUARTERDECK CORP. Under the terms of the
agreement, Symantec will commence a cash tender offer for all
outstanding shares of Quarterdeck common stock at a net price of
$0.52 per share. The purchase price is approximately $65 million,
including the assumption of Quarterdeck's outstanding debt. The
Boards of Directors of both companies have approved this
transaction. (Reuters 05:51 PM ET 10/15/98) For the full text
story, see
infobeat.com

Good Luck everyone
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