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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: changedmyname who wrote (75457)	5/18/1999 11:39:00 AM
From: BobKuz	Read Replies (2) \| Respond to of 119973

PLDI being acquired by MMG

To: changedmyname who wrote (75457)	5/18/1999 11:40:00 AM
From: Panita	Respond to of 119973

BAMM seconds from $11+

To: changedmyname who wrote (75457)	5/18/1999 11:40:00 AM
From: caly	Respond to of 119973

PLDI merging with MMG. Under the terms of the transaction, when the merger is consummated, PLD Telekom will become a wholly owned subsidiary of Metromedia International Group, Inc. The holders of PLD Telekom stock will receive shares of MMG Common Stock on the basis of an exchange ratio that values each share of PLD Telekom Common Stock at $3.50 provided that the average MMG price per share is between $5.25 and $6.25 at closing. If the average price of MMG Common Stock exceeds $6.25 each PLD Telekom share will be exchanged for .56 shares of MMG Common Stock, not to exceed $4.48 per share of MMG Common Stock. If the average price of MMG Common Stock is less than $5.25 per share, each share of PLD Telekom shall be exchangeable for .6667 shares of MMG Common Stock, subject to certain termination and ''top-up'' rights.