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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: LWolf who wrote (17987)	2/24/1998 7:28:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 97611

CPQ/DEC deal. Laura, The DEC deal should be completed sometime during the Q2-98 as per Compaq's 10K recently filed with SEC. So IT should be completed between now and end of June, what is that a maximum wait of 4 months at worst,not too bad considering some of the mergers take close to a year or more. NOTE 11. SUBSEQUENT EVENT On January 26, 1998, Compaq announced the execution of an agreement to acquire Digital Equipment Corporation. Under the terms of the transaction, shareholders of Digital will receive $30 in cash and 0.945 shares of Compaq common stock for each share of Digital stock. Compaq will issue approximately 150 million shares of Compaq common stock and $4.8 billion in cash. This transaction will be accounted for as a purchase. The transaction is subject to the approval of Digital's shareholders as well as clearance under antitrust laws and other customary closing conditions, and is expected to be completed in the second quarter of 1998.