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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (1803)	3/12/2002 8:18:21 AM
From: Al Collard	Respond to of 4470

ROB-t...in the news: Globe says CRS Robotics cooks on Thermo bid Tue 12 Mar 2002 The Globe and Mail reports in its Tuesday, March 12, edition that CRS Robotics soared almost 52 per cent or $1.94 (Canadian) to $5.69 (Canadian) Monday on the Toronto Stock Exchange after Thermo Electron, the biggest maker of measurement instruments for medical laboratories, agreed to buy the Canadian company at $5.75 (Canadian) a share, a deal that could total about $67-million (Canadian). Thermo Electron also will assume about $3.3-million (U.S.) in CRS debt, said Thermo Electron spokesperson Caroline Grossman. CRS had 2001 sales of about $28-million (Canadian). Thermo Electron will start a tender offer for CRS stock March 21. Shares of Thermo Electron, which also makes measuring instruments for food, manufacturing and beverage industries, fell 30 U.S. cents to $20.65 (U.S.) on the New York Stock Exchange Monday.