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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (2014)	2/26/1998 11:16:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 8545

A Better Question: If the price drops below 20 15/16 (option price), can integrion execute it's options (3million) at a lower price? If this is true, there would be major support below 20 15/16ths. It would make sense if I was Integrion, I'm just not sure of the rules of the options? Where is Zimmerlaw? Benny

To: AugustWest who wrote (2014)	2/26/1998 3:12:00 PM
From: TLindt	Respond to of 8545

Fed Filings......I've picked up.....looks like the comment periods are expiring...so the deal should go soon. The lower the Stock price is at the time they close the deal is actually...I think better for Checkfree Stockholders...as far as taking a non-cash charge on the warrants..... FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities; Correction This notice corrects a notice (FR Doc. 98-2632) published on pages 5541 and 5542 of the issue for Tuesday, February 3, 1998. Under the Federal Reserve Bank of New York heading, the entry for Royal Bank of Canada, Montreal, Canada, is revised to read as follows: A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior Vice President) 33 Liberty Street, New York, New York 10045-0001: 1. Royal Bank of Canada, Montreal, Canada; to acquire through Integrion Financial Network, LLC, Atlanta, Georgia, warrants to acquire up to 15.38 percent of the outstanding shares of CheckFree Corporation, Norcross, Georgia, and thereby engage in providing data processing and data transmission services, pursuant to Sec. 225.28(b)(14) of the Board's Regulation Y. Comments on this application must be received by February 17, 1998. Board of Governors of the Federal Reserve System, February 4, 1998. Jennifer J. Johnson, Deputy Secretary of the Board. [FR Doc. 98-3216 Filed 2-9-98; 8:45 am] BILLING CODE 6210-01-F FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 26, 1998. A. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota 55480-0291: 1. Norwest Corporation, Minneapolis, Minnesota; through Integrion Financial Network, LLC, Atlanta, Georgia, to acquire up to 15.38 percent of the outstanding shares of CheckFree Corporation, Norcross, Georgia, and thereby engage in providing data processing and data transmission services, pursuant to Sec. 225.28(b)(14) of the Board's Regulation Y. Board of Governors of the Federal Reserve System, February 6, 1998. Jennifer J. Johnson, Deputy Secretary of the Board. [FR Doc. 98-3452 Filed 2-10-98; 8:45 am] BILLING CODE 6210-01-F