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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?

To: Gemini who wrote (1695)	2/13/1998 6:34:00 PM
From: Grommit	Respond to of 2841

Two DBCO releases (partial cut & paste): ...frustrated by the fact that the company's management has been dragging its feet on a proposed acquisition by American Eco Corporation. The Committee believes that this transaction would be in the best interest of stockholders, who have waited patiently since last summer for the company to find a credible merger partner. Now that one has finally surfaced, it appears that Michel Marangere and Nicholas Matossian are back to their old tricks and are seeking to delay the American Eco deal for their personal benefit... biz.yahoo.com Dominion Bridge Corporation announced today that its negotiations with American Eco Corp. have terminated due to American Eco's failure to meet certain agreed to contractual conditions required to implement a proposed private placement transaction by the deadline which had been previously agreed to by the parties on February 2, 1998. No definitive agreement has been reached with respect to any transaction.... biz.yahoo.com