Phone.com calls up $6.8bn merger

By John Oates, 9 August 2000 16:25

NEWS Phone.com and software.com are merging, pending shareholder agreement, through a share swap that values the new company at $6.8bn. For every share owned, software.com shareholders are being offered 1.6 phone.com shares. Phone.com CEO, Alain Rossman, will become chairman and ex-Cisco, VP Donald Listwin, will become CEO and president.

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