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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Sir Francis Drake who wrote (22970)5/19/1999 11:30:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
Wow - big news, could have implications for HLTH:

biz.yahoo.com

extended to May 25:

biz.yahoo.com

<<Microsoft Corp. (Nasdaq: MSFT - news) announced today that, in light of published reports of a proposed merger between Healtheon Corp. and WebMD, Inc., it is extending until May 25, 1999, its offer to purchase shares of WebMD's Series F Preferred Stock. Microsoft has sent an extension notice to all holders of Series F Preferred Stock and expects to make a further announcement regarding its offer in the event Healtheon and WebMD reach agreement on their proposed merger.

As of May 19, 1999, holders of 499,790 shares of Series F Preferred Stock had accepted Microsoft's purchase offer.>>