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Well, ERAW had some very positive news released today. This was released about 1 hour before the market closed today. BOSTON, Oct. 1 /PRNewswire/ -- ERAWEST, Inc. (Nasdaq:ERAW), a leading Telecommunication Company providing long distance service and telecommunications software in Australasia, is presently in merger talks with an unnamed party that would value the company at $270 million. No assurance would be given that a definitive agreement will be reached. The spokesman added that if an agreement would be reached, the transaction would be subjected to the approval of the shareholders. ERAWEST has 9.9 million shares outstanding. ~~Doing a little math: 270/9.9 is roughly $27 1/2 share. ERAW closed today at $21 1/4. Trying to find information on this company is quite hard. It's a bb stock and you can't find much info. about the co. on the net. Would REALLY appreciate it if anyone has some info. they would like to share about the co.~~ | ||||||||||||||
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