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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (497)9/9/1998 7:42:00 AM
From: Link Lady  Respond to of 1571
 
Terms of the acquisition of Interealty Corp. of Vienna, Va., were not disclosed. In the past, Geac has paid 50% of the takeover
company's annual revenue for acquisitions, a formula that suggests a price tag of about $50 million.
canoe.com



To: robnhood who wrote (497)9/9/1998 10:13:00 AM
From: Stew  Read Replies (1) | Respond to of 1571
 
Yes, I read this AM that it's typically half of previous year's sales, so they're presumed to have paid about 50 million.