The agreement calls for Peoples to exchange two shares for each Bank of New Hampshire share.

Bankers Trust has agreed to exchange 0.83 shares of its stock for each share of Alex. Brown.

For each of the other Holly shares, Plum would exchange 3.8 shares of preferred stock with a value of $25 a share.

It would also exchange 5.6 million shares of its common stock, valued at $84 million based on its closing price of $15, up $2.375.

Pfizer will exchange 2.75 shares of Pfizer stock for every Warner-Lambert share.

Chase agreed to exchange 3.7 shares of its stock for each of Morgan's 159 million shares, the executives said.

Under the agreement, BT will exchange 1.15 shares of its stock for each Moxham share.

Under the terms of the agreement, Bay Networks would exchange 1.05 shares of its common stock for each Xylogics share.

UbiquiTel, based in Conshohocken, Pa., will exchange 16.4 million shares of its common stock, which fell 19 cents, to $7.25, after the announcement.

Syntellect will exchange 1.15 shares of its stock for each Pinnacle share.