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To: Area51 who wrote (387)4/8/2000 6:57:00 PM
From: Mike Redding  Respond to of 402
 
I'm dense. Tell me, after you read this paragraph about the <.75 shares based on the closing price of $58 on April 5> can be paid if PRGN is still trading below that figure after the deal is approved???

siliconinvestor.com



To: Area51 who wrote (387)4/9/2000 1:31:00 PM
From: James Strauss  Read Replies (1) | Respond to of 402
 
Area51:

I agree that the terms are very clear... But, what isn't clear is the effective date of these terms... The date of the announcement, or the closing date in July... I suspect it is the date of the announcement, but the news releases do not specify...

Jim