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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
NEWZ 27.71-0.9%Jun 13 9:30 AM EDT

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To: Tim Luke who started this subject8/5/2000 12:51:38 AM
From: Ms. Baby Boomer  Read Replies (1) of 2365
 
Hi Tim, NEWZ completes sale of INDV...

biz.yahoo.com

NewsEdge is expected to recognize a gain of approximately $2 million related to the sale, for the quarter ending September 30, 2000.

The remaining cash payment schedule for the entire transaction has now been finalized, with the remaining payments to be made by September 1, 2000, December 31, 2000 and a final payment of $1 million on February 28, 2001.
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