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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: signist who wrote (22468)7/27/2000 11:42:00 AM
From: D.E. Lee  Read Replies (1) | Respond to of 42804
 
Hi folks,

This from the roving gang on Yahoo:

From MRVC 8-K filed 27 July:

On July 12, 2000, Registrant completed an acquisition of all of the
outstanding capital stock of Astroterra Corporation, a California corporation.
The purchase price paid to the shareholders of Astroterra, which was arrived at
as the result of arms' length negotiations, consisted of 1,587,302 shares of
Registrant's common stock and options to purchase 809,143 shares of Registrant's
common stock having a value of approximately $159,286,000 based on the closing
price of Registrant's common stock at the time of the signing of the
acquisition.

astroterra.com