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


To: Tech Bull who wrote (60118)2/23/1999 7:05:00 PM
From: Andy H  Read Replies (2) | Respond to of 61433
 
Look for ASND to jump if and when it announces the deal has cleared the FTC review under the Hart-Scott-Rodino (HSR) act. This is always part of the reason for the discount to the ultimate exchange ratio. Once this clearance is received, the discount will shrink quite a bit if no other issues remain surrounding the merger.

The HSR review takes 30 days, so perhaps people are getting antzy since no announcement has been made.