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November 24, 1987

DECISION ESCAPES ECONOCOM WITH ONSET PACT

By CBR Staff Writer

IBM System 36 market player Decision Data’s parent, Decision Industries Inc of Horsham, Pennsylvania is likely to slip from the grasp of hostile bidder and 23% shareholder Econocom International NV of Paris. Decision yesterday announced that it had reached definitive agreement to be acquired by a privately held company, Onset Corp, for $8.75 a share or about $85m in cash. Onset agrees to begin the cash tender offer as quickly as possible. IBM leasing company Econocom is tendering $7 a share for Decision. Onset is a new venture capidal firm formed by J H Whitney and Welsh, Carson, Anderson & Stowe, both of New York.

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