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To: Hamid MArandi who wrote (4836)4/21/1999 9:52:00 PM
From: DJBEINO  Respond to of 9582
 
Hyundai/LG agree on LG Semicon takeover price at 2.56 trln won: Yonhap
)

SEOUL (AFX-ASIA) - Hyundai and LG Groups have reached final agreement on
the takeover price for LG Semicon Co Ltd, with Hyundai agreeing to pay 2.56
trln won for LG Group's 59.98 pct stake, Yonhap News Agency reported.
Under the agreement, the LG Group will receive 1.56 trln won in cash and
securities held by Hyundai, with the balance of 1 trln won paid in installments
over the next two years, Yonhap reported.
The deal was struck last night, the news agency said.
It said the securities Hyundai will use to pay LG include a 5 pct stake in
Dacom Corp.



To: Hamid MArandi who wrote (4836)4/22/1999 5:59:00 PM
From: Hamid MArandi  Read Replies (1) | Respond to of 9582
 
When we get to 100,000+ block then we will be dancing. Right now we are in MM load up phase that could take them several weeks to accomplish the amount of share they would like to buy. Then one day we shall wake up with sudden jump to 52 weeks high in few days. That is my prediction. It will sky rocket to the moon IMHO.


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