Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?

To: Scott Williams98 who wrote (8043)	11/22/1999 8:53:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 8307

DJ Onsale/Egghead -2: 0.565 Onsale Shrs For Each Egghead Shr -------------------------------------------------------------------------------- 22 Nov 8:39 MENLO PARK, Calif. (Dow Jones)--Onsale Inc. (ONSL) completed its merger with Egghead.com Inc. (EGGS). In a press release Monday, Egghead said its shareholders will receive 0.565 Onsale common shares for each Egghead share. The name of the resulting company will be Egghead.com, and it will be based in Menlo Park, Calif., with operations in Vancouver, Wash. Egghead.com will trade under the ONSL symbol on Monday. On Tuesday, it will trade under the EGGSD symbol for 10 trading days, after which it will be traded under the EGGS symbol. The company plans to add an additional board member at a later time. Egghead is a national reseller of personal computer hardware, software, peripherals and accessories. Onsale operates Web auctions through which it sells refurbished and closeout computers, peripherals and consumer electronics. As reported, the companies signed a definitive merger agreement in July. -Sam Favate; Dow Jones Newswires; 201-938-5400 (END) DOW JONES NEWS 11-22-99 08:39 AM