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Technology Stocks : Ticketmaster-Citysearch (TMCS) -- Ignore unavailable to you. Want to Upgrade?

To: The_Guru_00 who wrote (361)2/9/1999 8:30:00 PM
From: HG  Read Replies (2) | Respond to of 803
 
Thanks

but what does 8% mean for TMCS shareholders in terms of the share price. Im a bit confused in this kind of merger arrangement. How will the markets arrive at a fair stock price of USA Net which includes lycos and tmcs valuations....?



To: The_Guru_00 who wrote (361)2/10/1999 1:09:00 AM
From: Triffin  Read Replies (1) | Respond to of 803
 
TMCS...

If you buy the 50 billion valuation for the
new merged entity..and that TMCS represents
an 8.5% stake then you get 4.250 billion
valuation divided by 69.5 million shares
or about $61.15 per TMCS share........

Jim in CT..


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