View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 2, 1995

AMDAHL HOPES TO SEE OFF IBM WITH $12.50 A SHARE FOR DMR

By CBR Staff Writer

Amdahl Corp says its Canadian unit has raised its offer for DMR Group Inc to $Can12.50 from $Can8.25 per share and extended the bid to November 15, topping the $Can11 a share bid from IBM Canada Ltd and making observers suspect that IBM may simply want to squeeze Amdahl by making it pay more than it needed to. Amdahl now holds 54% of the equity after Oppenheimer & Co, Bear Stearns & Co and Highbridge Capital Management agreed to tender their shares. The third contender, BDM International Inc, has dropped out.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU