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

To: Richard Jurek who wrote (3487)	4/8/1998 11:50:00 PM
From: Crzy Joe	Respond to of 4148

Wednesday April 8, 2:13 pm Eastern Time Mastering Inc., PLATINUM technology Amend Merger Pact MASTERING INC. (FORMERLY EAGLE RIVER INTERACTIVE INC.) Amends Agreement to Be Acquired By PLATINUM technology inc. ÿ Apr. 8, 1998, Mastering Inc. (Nasdaq:MASC - news) and PLATINUM technology inc. (Nasdaq:PLAT - news) reported that they amended their merger agreement so that PLAT will issue stock valued at $12.50 for each MASC share, subject to a minimum of 0.448 and a maximum of 0.540 PLAT shares for each MASC share. The exact exchange ratio will be determined with reference to an average price for PLAT shares during the six trading days prior to the date of the special meeting of MASC shareholders to be held to consider the merger (currently scheduled for April 21). As reported, the original agreement had contemplated an exchange of $0.448 of a PLAT common share for each MASC share. Completion is subject to, among other things, approval by MASC shareholders. The companies noted that holders of approximately 52% of MASC's shares outstanding have agreed to vote in favor of the deal. biz.yahoo.com