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June 9, 1987

AES DATA TO GO TO KINBURN AS CPT PULLS OUT OF TALKS

By CBR Staff Writer

Although CPT Corp reached agreement in principle to buy AES Data Inc from Canada Development Corp back in February, the two failed to find common ground on a price, and talks broke down last Friday. Canada Development has now agreed to sell the word processing systems specialist to Kinburn Technology Corp of Ottawa. Terms were not disclosed.

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