Monday, January 24, 2005

Deutsche Telekom and T-Online Set Exchange Ratio

Deutsche Telekom and T-Online reached a common understanding regarding the exchange ratio range in connection with the proposed merger of T-Online International AG into Deutsche Telekom AG. Both companies expect the exchange ratio to be between 0.45 and 0.55 Deutsche Telekom shares for one T-Online share.
http://www.telekom.de

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