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Technology Stocks : The Learning Company (TLC) -- Ignore unavailable to you. Want to Upgrade?


To: Trader Dave who wrote (6270)3/22/1999 3:07:00 AM
From: Obewon  Read Replies (1) | Respond to of 6318
 
Maybe, maybe not...

The reason the deal hasn't closed yet is because of the SEC review of TLC's books haven't been completed yet. Without that OK, the rumours surrounding TLC's acquisition accounting could still be valid (ala prichards scenarios). If the SEC requires a restating of TLC's books, the deal could still collapse.

Obewon