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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (22749)2/14/2007 12:00:30 PM
From: ACAN  Read Replies (1) | Respond to of 23958
 
Ah yes, but yours far surpasses mine.



To: Galirayo who wrote (22749)2/14/2007 12:07:33 PM
From: J.F.  Read Replies (1) | Respond to of 23958
 
Corillian Corp. (CORI, $5.01, $1.56, 45.22%) shares jumped after the company agreed to be acquired by CheckFree (CKFR, $41.14, -$0.48, -1.15%) for $245 million. The deal values Corillian shares at $5.15 each, compared to their close on Tuesday at $3.45. CheckFree expects the transaction to close on or by June 1. It plans to finance the acquisition through a combination of existing cash balances and revolving debt. CheckFree anticipates the deal will be dilutive to GAAP earnings in the current fiscal year as well as fiscal 2008, and modestly dilutive to underlying earnings over the same period.

jf...