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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (6817)	2/4/2000 8:58:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 42523

I know you have a special liking to this because of the small size of the deal. Actually, the deal got even smaller after it was first announced. Now that this is over, this ought to mean something! -g- <Technology News Fri, 04 Feb 2000, 8:47am EST Vodafone to Buy Mannesmann for $204 Bln in Stock, Debt in Biggest Takeover By Sonja Heizmann Vodafone Agrees to Buy Mannesmann for $204 Billion (Update2) (Updates share prices, adds comments from Gent from sixth paragraph and supervisory board approval. For a special report on the takeover, see EXTRA .) Dusseldorf, Germany, Feb. 4 (Bloomberg) -- Vodafone AirTouch Plc, the world's largest wireless-communications company, agreed to buy Mannesmann AG for $203.8 billion in stock and assumed debt, sending phone company shares higher on expectations of more mergers. ''This intensifies the pressure on others to act and supports the trend towards size,'' said Holger Grawe, an analyst at WestLB Panmure in Dusseldorf. ''With 10 percent of the worldwide market in terms of customers, the company is state-of-the-art -- that's unbeatable.'' >> bloomberg.com