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Technology Stocks : Thermo Electron (TMO) -- Ignore unavailable to you. Want to Upgrade?


To: RavBruce who wrote (337)4/29/1999 10:04:00 AM
From: appro  Respond to of 450
 
News release: TMO planning to spin Thermo Power back into fold.
See [News] link below or
go2net.newsalert.com
>>As of April 3, 1999, Thermo Electron owned approximately 78 percent of the outstanding common stock of Thermo Power. If approved, the transaction would be structured as a merger, and Thermo Power would become a wholly owned subsidiary of Thermo Electron. <<

Less smoke and mirrors in corporate structure is good.