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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: pass pass who wrote (1669)9/3/1999 12:53:00 PM
From: M. Charles Swope  Respond to of 15615
 
WSJ is reporting that Frontier and GBLX have agreed to an amended offer whereby FRO holders will get 2.05 shares of GBLX for each FRO share. This values FRO at $8.36 billion.

see: interactive.wsj.com



To: pass pass who wrote (1669)9/3/1999 3:39:00 PM
From: mmeggs  Respond to of 15615
 
Part of the revised deal is that FRO gave up its right to walk away from the deal based on GBLX share price.

mmeggs