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February 5, 1989


By CBR Staff Writer

Although Steve Jerritts, now at the helm at Bounder, Coloradobased office and Unix systems builder NBI Inc declares roundly that he is not turning the company round just to sell it, the matter could be taken out of his hands. Two senior officers of Colorado leasing company Capital Associates have come together with Jirka Ryssavy, the businessman who bought some of NBI’s stores, to buy a 6.1% stake in NBI. Their mandatory filing with the Securities & Exchange Commission notifying the holding says that they may seek control of the company, to engineer the sale of the company, or follow other potentially hostile strategies. Capital Associates suggested a $7 a share tender offer for NBI last year in the wake of a stakebuilding exercise by investment fund manager Kenneth Fisher, who wanted to take control of the board at the beginning of last year. Both were seen off by NBI but Fisher’s funds still hold 5%, and he has been approached by the Capital people.

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