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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: John Chatterton who wrote (1838)	5/11/1999 1:03:00 AM
From: John Chatterton	Read Replies (1) \| Respond to of 2018

Can anyone explain this in English? PC DOCS Says Court OKs Rescheduling Of Sanctioning Hearing TORONTO (Dow Jones)--PC DOCS Group International Inc. (DOCS) said the Ontario Superior Court of Justice has approved the rescheduling of the sanctioning hearing in connection with the proposed acquisition of PC DOCS by Hummingbird Communications Ltd. (HUMC) by way of plan of arrangement. In a news release, the company said the sanctioning hearing has been postponed to May 25 from May 18. It said the sanctioning hearing will be held to obtain a final order of the court approving the plan of arrangement, assuming that two-thirds of PC DOCS' shareholders approve the plan at a special meeting to be held May 21. As reported, Hummingbird is offering one-third of a share for each PC DOCS share held. Open Text Corp. (OTEX) has made a competing C$8.50-a-share cash bid for PC DOCS. PC DOCS makes document and database management software. Hummingbird provides enterprise connectivity software. Open Text, Waterloo, Ont., provides intranet software technology.