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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (13130)12/26/1998 11:21:00 PM
From: Guardian  Respond to of 13594
 
forgive my math, but .45 shares of aol for each nscp share seems to me to vary in $ based on worth of aol shares at merger. double the aol shares via 2:1 split and halve the share value. i hope you are right as to the split protection. what is your source?



To: Labrador who wrote (13130)12/27/1998 8:15:00 AM
From: Labrador  Respond to of 13594
 
as having worked with over 50 mergers of public companies (in my profession), each and every one has this "boilerpoint" language in it. When you see the documents to vote, look for it.

If this language were not present, imagine the schemes that one could conjure up? [a 100 to 1 split of AOL, to steal the NSCP company].


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