US analysts are beginning to think the unthinkable – that MAI Basic Four Inc’s cheeky bid for Prime Computer Inc might actually succeed – although Prime would surely turn to a white knight if MAI’s success looked imminent: options still left in Prime’s locker are the summary conversion into equity of all its convertible debentures to increase the number of shares that MAI has to buy, and activation of its poison pill anti-takeover defence.
MAI BASIC FOUR’S BID FOR PRIME MIGHT SUCCEED
