> "Allaire to Merge with Macromedia > > Allaire Corporation and Macromedia, Inc. (Nasdaq: MACR) today announced a > definitive merger agreement <see separate release>. The combined company > will > enable Web professionals to efficiently build the look of a Web site and the > application logic behind it creating the best possible user experience > across > multiple devices. The merger is valued at approximately $360 million on a > fully-diluted basis. In the merger, Macromedia will exchange 0.2 shares of > its > stock and $3 in cash for each Allaire share. The merger will be accounted > for as > a purchase combination and is expected to be accretive in Macromedia fiscal > year > 2002. The transaction is subject to certain closing conditions, including > regulatory approvals and the approval of the Allaire shareholders, and is > expected to close by the second calendar quarter of 2001. In connection with > the > merger agreement, Allaire has granted Macromedia an option to acquire 19.9 > percent of Allaire's stock, exercisable in certain circumstances." > > Chris Montgomery [EMAIL PROTECTED] > > Web Development & Consulting http://www.astutia.com > Allaire Consulting Partner > 210-490-3249/888-745-7603 Fax 210-490-4692 > AIM: "astutiaweb", ICQ: 7381282 > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Structure your ColdFusion code with Fusebox. Get the official book at http://www.fusionauthority.com/bkinfo.cfm ------------------------------------------------------------------------------ To Unsubscribe visit http://www.houseoffusion.com/index.cfm?sidebar=lists&body=lists/cf_jobs or send a message to [EMAIL PROTECTED] with 'unsubscribe' in the body.
