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 : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Tim Cruise who wrote (468)3/17/1999 4:40:00 PM
From: CF Rebel  Read Replies (2) | Respond to of 15615
 
Top of the collar is $56.78, bottom is $34.56. Funny how the four numbers in each price are consecutive, eh?

I don't think there is any effect on price action based on the collar. It just guarantees that if GBLX goes over $56.78, FRO shareholders are guaranteed to not get fewer than 1.0919 shares when the merger is completed.

CF Rebel