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Technology Stocks : USAI, 61% stake in Ticketmaster Online-CitySearch IPO
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To: Denice who wrote (143)12/1/1998 8:11:00 AM
From: Shtirlitz  Read Replies (2) of 391
 
To all:

The header of this thread has 61% ownership of Ticketmaster. Yahoo thread says 70%.

Here is a quote from USAI 10-Q:

"In July, 1997, the Company acquired a controlling interest in Ticketmaster Group, Inc. ("Ticketmaster"). On June 24, 1998,
the Company completed its acquisition of the remaining common stock of Ticketmaster in a tax-free merger by exchanging 1.126 shares of Common Stock for each
outstanding share of Ticketmaster common stock not owned by the Company. "

Did I miss something?
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