wall street, phones, strikes
MrMedfly at aol.com
MrMedfly at aol.com
Thu Jul 30 17:28:13 PDT 1998
According to SEC filing, if either GTE or BA nix the deal now, they have to
cough up $1.8 billion in break up fees. GTE shareholders (i.e. institutional
investors) may be whining, but their unions are hopeful: they say the merger
will accelerate their drive for a natl contract.
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