Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Jack Colton who wrote (46583)	5/28/1999 2:40:00 AM
From: Stash	Read Replies (1) \| Respond to of 90042

Jack, <Where is the article I read some time back where they hired a firm to put together a M&A deal? Does anyone have the story or a link to it? It's about time, I think, for something along those lines to come together, if it is going to happen. Thanks in advance, Jack> <Cabletron Systems Hires Merrill Lynch To Find Buyer (CS) - Report Newstraders - January 06, 1999 09:55 (NewsTraders.com)-- Cabletron Systems (CS) has hired Merrill Lynch (MER) to find a buyer for the No. 4 computer networking company, according to the New York Post. Highlights: - A source told the Post that the company is hoping to fetch $2.5 billion, or a 66% premium to its current market value. - Speculation that the company would make a move caught fire the past week after Tucker Anthony analyst William Becklean predicted Cabletron would be acquired within five years. Cableton's co-founder and CEO Craig Benson responded by telling the Boston Globe that the company wasn't for sale. - Officials at both companies declined to comment on any possible deal. Copyright 1998 NewsTraders Inc. All Rights Reserved Wednesday, January 06, 1999 -------------------------------------------------------------------------------- cs mer %GENERAL V%NEWSTRADERS P%NT > Think this is it,Stan