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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO) -- Ignore unavailable to you. Want to Upgrade?


To: clear.thinker who wrote (504)3/15/1998 6:46:00 PM
From: Chien Li  Read Replies (1) | Respond to of 535
 
Regarding Tax issue, in the Letter of Intent:

...4.02 Purchase Price. As consideration for the Acquisition Transaction, American Eco will issue to the stockholders of Dominion Bridge convertible notes (the "Convertible Notes") in the principal amount of US $3.00 for each outstanding share of Dominion Bridge common stock as of the closing. The parties intend to investigate the possibility of restructuring the consideration so that the transaction will be tax-free to the holders of Dominion Bridge common stock....

Chien Li