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July 25, 1988

AGFA-GEVAERT MAKES $10 A SHARE TENDER OFFER FOR THE 89% OF MATRIX

By CBR Staff Writer

Bayer AG’s Agfa-Gevaert Inc of Orangeburg, New York is making a $10 a share tender offer for the 89% of computer imaging systems specialist Matrix Corp it doesn’t already own: the offer values Matrix at $116m.

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