Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (4093)	9/17/1998 11:23:00 AM
From: R Hamilton	Respond to of 119973

GBIT what do you think of this one? Integrated Healthcare<IGHS.OB> offer to buy Global RESTON, Va., Sept 17 (Reuters) - Hospital software provider Integrated Healthcare Systems Inc. said Thursday it has offered to buy computer hardware maker Global Intellicom Inc <GBIT.O>. in a stock swap. Under the offer, each Global common stock or stock equivalent shareholder will receive one share of Integrated, plus two warrants: a Class A warrant to buy one share of Integrated for $3 exercisable for one year and a class B warrant good for one share of Integrated at $5 exercisable for two years, the company said in a statement. Integrated was trading a 2-3/8 Thursday. Global was at 1. The offer is subject to the approval by both boards and that Integrated receives at least a majority of Global's outstanding shares. Global had nearly 8 million shares outstanding, according to S&P MarketScope. If Integrated's stock price goes above 20 percent of the warrant for five consecutive days, the company retains the right to call the warrants for $0.10 for the following 30 days. 10:39 09-17-98