Article: Geerlings & Wade Announces Amendment to Merger Agreement.

CANTON, Mass., Dec. 27 /PRNewswire/ -- Geerlings & Wade, Inc. (Nasdaq: GEER), announced that it and Liquid Holdings Inc., a privately held corporation formed by Ronald S. Haft, have agreed to an amendment to the Agreement and Plan of Merger between the companies which, among other things, grants Liquid Holdings more time to obtain financing for the merger. The Amendment provides Liquid Holdings until January 29, 2000 to obtain equity financing commitments reasonably acceptable to Geerlings & Wade, Inc. to replace financing commitments terminated earlier this month. Thereafter, if the financing commitments are not obtained, either party may terminate the transaction. If ...

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