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To: Jamey who wrote (180)1/16/1998 1:24:00 AM
From: OpenSea  Respond to of 18444
 
My understanding is that you can arrange for a shell company that will allow you to go public for a rather small cost, so I doubt Softbank allowed itself to be acquired solely for that purpose, although I'm certainly no expert in this area.

Jim Chellis



To: Jamey who wrote (180)1/16/1998 11:03:00 AM
From: DR. DODE  Read Replies (1) | Respond to of 18444
 
Hi James,

In the article about Softbank below:

news.com

Softbank Holdings (the US-based unit of the Softbank
in Japan) was under reorganization by the mother
company since it was having troubles in Japan. Apparently
Softbank Holdings was selling Softbank Interactive
Marketing as part of its restructuring. When Netmaster
picked up Softbank Interactive Marketing it had been on
the selling block for two months. So,on the surface,
it looks like Softbank Interactive Marketing didn't have
a choice as it apparently no longer fit into the plans
of Softbank Holdings - I guess this would explain why
Softbank(both the mother company and Softbank Holdings)
gave up such a profitable segment - just an amateur's
analysis since my major field is science. I think
NETZ was very fortunate to come across this deal.

Doc