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February 21, 1989

HOSTILE BID ON ITS WAY FOR ASHTON-TATE

By CBR Staff Writer

Seems the silly season for bid rumours is back with a vengeance in the computer and electronics sector on Wall Street: a hostile bid is on the way for Ashton-Tate Corp, say the gossips, and AT&T Co is sizing up NCR Corp for a bid; for what it’s worth, we’re agnostic on the Ashton-Tate gossip, but AT&T going for NCR looks highly unlikely because any bid would almost certainly have to be hostile, and making hostile bids is not really the AT&T style and success would leave it with a pack of disgruntled talent at the top of NCR wanting to quit.

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