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


To: Chartgod who wrote (37)10/24/1999 12:47:00 PM
From: Vijay Raghavan  Read Replies (1) | Respond to of 64
 
Or This ?....
nytimes.com

Recently, Rubin invested in Arch Communications Group, a paging
company based in Westborough, Mass. In May, he bought the bonds of
the Mobilemedia Corp., a bankrupt company in Fort Lee, N.J., that
Arch was about to buy. As part of the merger, which was completed in
June, his funds received rights to buy Arch stock, which they exercised,
and their Mobilemedia bonds were swapped for more Arch shares.
Resurgence now holds 19 percent of Arch stock.