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Non-Tech : Ashton Technology (ASTN)

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To: Candle stick who wrote (672)5/5/1999 1:45:00 AM
From: telebob  Read Replies (2) of 4443
 
FROM the 10qsb in 1999: amex acquiring phlx - can drop vts:

The PHLX entered into an agreement on June 9, 1998 in which the American Stock
Exchange ("AMEX") would acquire it. The Company's contract with the PHLX is
assignable by its terms with the consent of both parties to the contract. The
Company has stated it does not intend to agree to the assignment of the
contract. Public reports indicate the structure and terms under which the
acquisition of the PHLX by the AMEX would occur are still being negotiated. The
Company cannot predict the impact the proposed merger, should it occur, would
have upon the Company's contract with the PHLX or the operation of the VTS(TM).

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