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February 16, 1987

GENICOM TO BUY MOST OF CENTRONIC DATA COMPUTER’S OPERATIONS

By CBR Staff Writer

Centronic Data Computer Corp holders approved the company’s plan to sell most of its operations to Genicom Corp, Waynesboro, Virginia for $75m and to change its name to Centronics Corp: the Hudson, New Hampshire company will become shell with $100m in the bank, and intends to use it for making acquisitions.

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