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Date: 1998-06-16
Nortel frisst Bay um 9 milliarden Dollar-.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- Nortel frisst Bay um 9 milliarden Dollar June 15, 1998, 4:35 p.m. PT Canadian telecommunications firm Northern Telecom bought its way into the data networking market with the $9.1 billion acquisition of Bay Networks, catapulting the duo to the forefront of a converging marketplace. Under terms of the merger agreement, Bay shareholders will receive .60 of a Nortel share for each share of the company, representing a price per share for Bay of $38.21, based on Friday's closing price. At the close of the transaction Bay shareholders will own approximately 21 percent of Nortel. http://www.news.com/News/Item/0,4,23154,00.html -.-.- --.- -.-.- --.- -.-.- --.- TIP Download free PGP 5.5.3i (Win95/NT & Mac) from Arge Daten http://keyserver.ad.or.at/pgp/download/ -.-.- --.- -.-.- --.- -.-.- --.- - -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- edited by Harkank published on: 1998-06-16 comments to office@quintessenz.at subscribe Newsletter - -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- 
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