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[QUOTE]Originally posted by BigT1: [QB] Another press release this morning. It looks to me as if they are serious about getting this done and since turned down .06 per share in January for 50% of company, the .10 to ,15 offer is not outlandish IMHO. Anyone having any thoughts on this stock or on the merger I would like to hear what you think, CareDecision Corp. Counters Merger Offer Thursday August 19, 9:15 am ET Board Believes Existing Merger Proposal, Even Though Substantially Higher Than Current Valuation, Should Be Sweetened in Several Key Areas NEW YORK, Aug. 19 /PRNewswire-FirstCall/ -- CareDecision Corporation (OTC Bulletin Board: CDED - News) a leading Wi-Fi PDA technology provider to the lodging and satellite media industries and the developer of patent-pending technologies for e-health and EMR applications, announced today that the Board of Directors after completing review of an offer to merge with the previously announced entities, and after unanimous concurrence, prepared counteroffers in an effort to quickly conclude the negotiations in agreement. The initial merger proposal would have provided for a substantial increase in the Company's market capitalization and opportunities, but the Board of Directors believes strongly that the company's technology and capabilities compelled counteroffer. CareDecision Corp.'s Board plans to provide additional updates as circumstances warrant and has been assured by its proposed merger partner that all parties desire a satisfactory conclusion on this opportunity. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: [/QB][/QUOTE]
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