SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CDNow (CDNW) -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1373)7/13/1999 4:06:00 PM
From: chapin  Respond to of 1465
 
(PR NEWSWIRE) Sony, Time Warner, CDNOW and Columbia House Press Briefing
Sony, Time Warner, CDNOW and Columbia House Press Briefing

Webcast Replay Available

Senior executives, including Gerald M. Levin and Richard Bressler from
Time Warner, Nobuyuki Idei and Howard Stringer from Sony Corporation, Jason
Olim and Jonathan Diamond from CDNOW, and Richard Wolter from Columbia House
on the merger of CDNOW with Sony's and Time Warner's Columbia House, followed
by Q&A.

This event has been archived and is available for on-demand viewing for
the next 90 days at:

timewarner.com or
webevents.broadcast.com

If you have any questions, please call:
Marlo Zoda, CDNOW, 215-619-9432
Scott Miller, Time Warner, 212-484-8736 or
Joanne Hvala, Sony Corporation, 212-833-6975

SOURCE Sony Corporation, Time Warner, Columbia House and CDNOW
-0- 07/13/99
/PRNewswire --July 13/
(CDNW TWX SNE)

CO: Sony Corporation; Time Warner; CDNOW; Columbia House
ST: New YORK
IN: ENT MLM
SU: TNM


*** end of story ***



To: jjs_ynot who wrote (1373)7/13/1999 4:41:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 1465
 
>>> Though the companies did not disclose terms of the deal, it would appear to value CDNow at between $17 to $20 a share. <<<

cbs.marketwatch.com