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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?


To: Bernie Diamond who wrote (29064)11/20/1997 9:27:00 AM
From: ratan lal  Read Replies (1) | Respond to of 31386
 
Bernie

<< Ratan, does that mean they are required to get 90%+ >>

I will have to go back to the original announcement. The way it works is: Present shareholders submit (or tender ) their shares. TXN tallies them. If they dont have 90% they can refuse to accept any share and everone just gets to keep their shares. We get paid on or after the Dec 23 date unless extended. Upto that date (and any extension) we can tender our shares or take them back.

The choice is theirs not ours (the present shareholders). But I think they can always change their mind.

Ratan

Ratan