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October 24, 1988

CALIFORNIA CENTREX SERVICE ACQUIRED BY PRIVATE INVESTORS

By CBR Staff Writer

Californian private investors have acquired BellSouth Systems Technology’s California Centrex Service for an undisclosed sum and renamed the acquired unit Pacific TeleManagement Inc: key management members were involved in the buyout and the new company plans to retain the Walnut Creek offices of its predecessor; all key management and personnel have been retained and will continue to run the company.

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