View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 31, 1988


By CBR Staff Writer

Anacomp Inc, Indianapolis has completed its $9.25 a share, $370m, tender offer for Xidex Corp, receiving acceptances with respect to more than 95% of the shares: Anacomp has raised $300m for the acquisition in the form of bank loans from a syndicate led by Citibank, plus $250m in bonds that sound more like garbage than mere junk – 13% increasing-rate senior subordinated notes placed by Drexel Burnham Lambert Inc, which Anacomp plans to refinance after its year-end audit.

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.