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Non-Tech : RIDE Snowboards (RIDE)

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To: Grandk who wrote (84)4/20/1999 8:29:00 AM
From: Crusader  Read Replies (1) of 91
 
The saga continues...

Minotaur Capital,inc. Announces Third Amendment to Its Tender Offer for Nasdaq Traded Ride, Inc.
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--April 20, 1999-- Minotaur Capital, Inc. announces that it has amended its tender offer for Ride, Inc. (Nasdaq:RIDE - news)in its Amendment Number 3 to its 14D filed with the SEC to further up date the public and to change some terms of the tender offer documents.

The offer price still remains the same as that referenced in Amendment No. 1 ($2.25 per share) however, there no longer shall be a promissory note for payment. Payment shall be all cash, however, the tender offer is still subject to a financing contingency and as of today's date financing still has not been obtained. Investors are urged to review all documents on file with the Securities and Exchange Commission prior to making any investment decisions.
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