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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Walcalla who wrote (64013)	6/23/1999 5:28:00 PM
From: Ada Marie	Read Replies (1) \| Respond to of 97611

Walcalla and anyone else... Compaq purchased Shopping.com for $ 220 million and Zip2 for $300 million...I assume these were "integrated" in the AltaVista package. If anyone is interested, Compaq purchased Digital on January 23, 1998 for $ 9.6 billion. "The transaction will be the largest acquisition in the history of the computer industry, valued at $9.6 billion based on the January 23, 1998 closing price of Compaq common stock. Under the terms of the transaction, shareholders of Digital will receive $30 in cash and approximately 0.945 shares of Compaq common stock for each share of Digital stock. Compaq will issue approximately 150 million shares of Compaq common stock and $4.8 billion of cash. Under the terms of the agreement, Digital will become a wholly owned subsidiary of Compaq."