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January 6, 1988

ECONOCOM COMES OUT QUIDS IN FROM FAILED TAKEOVER BID FOR DECSION INDUSTRIES

By CBR Staff Writer

Needless to say, Econocom International NV comes out quids in from its failed takeover bid for Decision Industries Corp, Horsham, Pennsylvania (CI No 838): not only does it get the access to Decision’s customers that it wanted, but Decision will also reimburse the $1.6m cost of its takeover attempt – and to top it all, it should make a handsome profit on the 23% of Decision shares bought before it stood aside in favour of Onset Corp.

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