iSTAR and PSINet Amend the Terms of the Offer to Purchase iSTAR by PSINet.
iSTAR Internet Inc. today announced iSTAR Internet Inc. have amended the terms of their combination, announced on 10 November. The new terms provide that PSINet will offer C75ยข cash for each of the outstanding common shares of iSTAR by way of the take-over bid to be mailed to shareholders of iSTAR on or before 7 January 1998.