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.

Gold/Mining/Energy : Shearhart Corporation (SHW) Home and Rural -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (75)	12/24/1999 12:35:00 AM
From: HubTech	Read Replies (1) \| Respond to of 86

That's just it. There is no take over or buy out yet. The NR read in part, "agreed to enter into lock-up agreements and to tender their shares to a formal takeover bid for 100 per cent of the issued and outstanding common shares of Shearhart to be made by Midnorthern for a purchase price of $1.65 per share payable in cash.". I'm still gonna ask around to see how it's going. I'll post what I find out. I don't even know what a lock-up agreement means. Perhaps someone can explain it for me?