View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 9, 1988


By CBR Staff Writer

Micom Systems Inc, Simi Valley, California has agreed to be acquired by MS1 Acquisition Corp, a company formed by Odyssey Partners, for $16 a share cash, or just over $300m. Manufacturers Hanover Trust Co is bankrolling the takeover with $220m in senior debt finance, and $125m of junk bonds are promised by Drexels; a break-up of Micom is likely.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy