SI
SI
discoversearch

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.
Technology Stocks : PRI Automation (PRIA) -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (537)11/25/1998 7:53:00 AM
From: BMcV  Read Replies (1) | Respond to of 1214
 
PRIA to acquire Promis systems of Canada:

biz.yahoo.com

check their cool website: promis.com

This is a smallish deal and shouldn't hurt PRIA's share price too much. Promis shareholders will get $6.65 Cdn for their 12 million shares, and Promis has cash of over $9m US, so our cost (.65 Cdn to 1 USD) is (6.65 x 12 x .65) - 9 = about $43 million.