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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey Spierman who wrote (747)	11/6/1997 9:37:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 1923

During the due diligence portion of the merger, LUNN executives became concerned over TPG's drop in earnings and revenues compared to the prior year's comparable period. This led to a re-negotiated share swap ratio that would give LUNN shareholders additional shares on a prorated basis should TPG not meet the agreed upon amount. Sort of like an insurance policy for LUNN shareholders. ATPX shareholders are not entitled to this potential bonus but all parties would conceivable benefit if earnings are above expectations. Sergio