IBUY 8-K on the acquisition:
On January 11, 1999, Shopping.com, a California corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with
Compaq Computer Corporation, a Delaware corporation ("Compaq"). Under the
terms of the Merger Agreement, Compaq will commence a cash tender offer (the
"Tender Offer") for all of the outstanding shares of common stock of the
Company for $19.00 net per share in cash, representing in the aggregate
approximately $220 million. As soon as practicable following the completion of the Tender Offer, the parties to the Merger Agreement will consummate a short-form merger in which a subsidiary of Compaq will be merged with and into the Company. The Board of Directors and management of the Company have unanimously approved the acquisition and will recommend shareholder acceptance. Completion of the transaction is subject to certain conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. Following the successful completion of the offer, all of the remaining shares will be acquired pursuant to the merger. The news release is attached as Exhibit 99.1, and the Agreement and Plan of Merger is attached as Exhibit 99.2. ...
freeedgar.com
Once Compaq has acquired all of the shares, there are none left to trade.
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