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Technology Stocks : UMG - MediaOne Group
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To: Brendon Woirhaye who wrote (811)3/22/1999 12:14:00 PM
From: Mark Palmberg  Read Replies (1) of 891
 
"Comcast...said each MediaOne shareholder would receive 1.1 shares of Comcast class A stock, or $80.16 a share, based on Comcast's closing stock price Friday of $70.13."

So, if Comcast drops to, say, $30/shr before the deal closes, that means each UMG shareholder will be holding shares worth $33 each? Is that it?
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