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It will issue three million shares, options and warrants, worth about $81.8 million, for Travelscape.com.
Andrea Shaw Resnick, a senior vice president at Coach, said: "Our chief executive officer still owns 9.83 million shares, options and restricted stock units.
Under the terms of the agreement, Yahoo would issue about 3.4 million shares of its stock in exchange for all outstanding eGroups shares, options and warrants.
The Pittsburgh-based FreeMarkets said it would issue 1.75 million shares of its stock to acquire all of the outstanding shares, options and warrants of iMark.com, which is based in Austin, Tex.
And unlike shares, options can be repriced downward.
Despite this weak performance in the shares, options players are betting on a rebound.
Similar(50)
They want share options.
Employee share options.
The hippies have share options.
Meanwhile, executives are motivated by share options.
They should have their share options reviewed.
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