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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (9845)3/8/1999 8:48:00 AM
From: AlienTech  Read Replies (1) of 43080
 
This is intresting, Tender offer is now less than current stock price.

VLSI Inc. (VLSI) 18 5/16: designer and manufacturer of custom and semi-custom integrated circuits amends shareholder rights agreement as board evaluates the unsolicited tender offer of Royal Philips Electronics for $17 per share; under amended shareholder rights plan, the rights are triggered upon the acquisition of 10% of VLSI's common stock, down from 20%;
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