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Non-Tech : TD Waterhouse Group (TWE) -- Ignore unavailable to you. Want to Upgrade?

To: Harry Sharp who wrote (1399)	11/1/2001 8:27:15 PM
From: Ian@SI	Read Replies (1) \| Respond to of 1413

if they acquire 90% ownership, they can then force the remaining minority shareholders to sell at the offered price. i.e. - the shares will no longer trade, but can be exchanged for 9.50 each They need to have 2% of the shares tendered (about 15% of the float). The price increase indicated that they didn't have the required 2%. Unless the stock starts trading above 9.50, I'd guess that they'll probably get sufficient shares tendered to force the sale to them of all outstanding shares.

To: Harry Sharp who wrote (1399)	11/2/2001 5:47:42 PM
From: Joseph Ziebarth	Read Replies (1) \| Respond to of 1413

You are probably holding your stocks in 'Street Name' through your broker. The holder of the stock will get the same money as the offered tender (U$9.50 latest offer). The question of commission is between you and your brokerage. If you actually have the stocks in hand and do not turn in the certificates then they become wallpaper for your bathroom. Just as many of the companies have done this year. You should have received a several page document by this time with all the legal phrasing. If not then you should make a call to your brokerage.