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To: Mark_H who wrote (4428)9/21/1998 12:03:00 PM
From: Gary Korn  Respond to of 4429
 
As far as I know, the agreement was a stock swap, .815 shares of ALA for each DIGI share and was not tied to any multiple of sales.

Mark,

Thanks. I subsequently determined that the value of the deal was $4.4 billion. At DIGI's annual sales level of something over $1.5B, the deal appears to have been at about 2.8x sales.

Thanks again,
Gary Korn


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