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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Raymund W who wrote (50780)5/6/2001 5:19:39 PM
From: ftmp  Respond to of 50808
 
one of my brokerage firms told me,
it will charge me for $25 to exchange
the LSI before the deadline and I can
get the LSI shares on 5/16.
if the merger is successful (enough of people
exchange their cube share with LSI) and if
i did not exchange the shares before the
deadline, the cube shares still will eventually
become LSI stock at a later time and I will
be charged for $10 for the transaction.



To: Raymund W who wrote (50780)5/6/2001 7:38:45 PM
From: Bernard Levy  Read Replies (3) | Respond to of 50808
 
Here's the deal:

If more than 90% of all shares are tendered, then LSI
can unilaterally merge CUBE into LSI without a
shareholder vote. If less than 90% of the shares are
tendered, even if more than 50% of the CUBE shares are
tendered to LSI, a shareholder vote is required to
approve a CUBE-LSI merger.


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