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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (59581)1/27/1999 7:03:00 PM
From: Jinfu Chen  Read Replies (2) | Respond to of 61433
 
Why there is a spread of LU and ASND? According the proposed merger deal, each ASND share will exchange for 0.825 share of LU. However, There is a price spread since the news. For example, LU is closed at $111 1/2, which should translate to $91 5/8 for ASND but it is closed at $86 1/4.