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To: Amy J who wrote (133329)4/25/2001 7:47:04 AM
From: GVTucker  Respond to of 186894
 
Amy, RE: I'm curious why investors are not informed about the purchase price of a buyout? Maybe there is some good reason for not disclosing this, like minimizing comparison bid-ups.

There are many good reasons not to disclose the price of a buyout. In almost all cases, it just isn't in the best interest of the acquiring company to disclose the purchase price. As you note, it gives leverage to other companies that they may be negotiating with. In addition, it gives competitors an insight into what they might need to bid in a competitive process. The only drawback is that it keeps information from shareholders and the market in general. As always, more information is preferred to less. Alas, though, if the an acquisition isn't "material", you'll almost never see the purchase price disclosed.

What we need is a good, hard, long recession to kick the bad out that's floated in lately.

"Good" and "long, hard recession" strikes me as an oxymoron. Nevertheless, I agree with your point. I'm hoping, however, that the recession doesn't have to be as harsh or long as you think.



To: Amy J who wrote (133329)4/25/2001 8:07:02 AM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Amy,

According to this morning's WSJ, Intel is paying about $400 million for LightLogic and $66 million for nSerial, a figure wasn't available for Cognet.

John



To: Amy J who wrote (133329)4/25/2001 12:44:25 PM
From: Paul Engel  Respond to of 186894
 
Amy - Re: 'Cisco's VP Biz Dev raised $15MM in VC money from Cisco for his startup, in which he embezzled $10MM and received $5MM for himself. "

Cisco may represent a new standard for companies going from the TOP of the heap to the bottom - in a short period of time.

They got troubles-a-plenty.

Paul