	boeing ba starts argosystems argi o bid boeing co said it has started the dlr per share tender offer for all shares of argosystems inc that it announced yesterday morning in a newspaper advertisement the company said the offer withdrawal rights and proration deadline all expire june unless extended the offer is not conditioned on receipt of any minimum number of shares boeing said if at least pct of argosystems shares are tendered it said it will buy all shares but if less than pct are tendered it said it plans to buy only pct in the offer boeing said if less than pct of argosystems shares are tendered but the purchase of all shares tendered along with the exercise of options it holds would give it over pct of argosystems boeing may buy all shares tendered argosystems has granted boeing an option to buy up to new shares or a pct interest at dlrs each and shareholders have granted boeing an option to purchase up to shares at the same price or about pct of those now outstanding without taking the company option into consideration a merger at the tender price that has been approved by the argosystems board is to follow the offer reuter 
