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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST
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To: John Meares who wrote (59968)2/17/1999 1:10:00 PM
From: Ann Corrigan  Read Replies (3) of 61433
 
Here's the answer to your question, John.

From Bloomberg:

"Lucent which agreed to buy ASND last mo., will swap 1.65 shares for each Asnd share if the acquisition is completed after the stock split, said Jeff Baum, a LU spokesman. The purchase is expected to be completed by June 30."

LU split will be effective on Apr 1 for shareholders as of Mar 5.

Ann
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