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December 9, 1987

ONSET HIKES DECISION BID TO $9.50 A SHARE

By CBR Staff Writer

Faced with the threat of a higher bid from CBC Associates (CI No 828) venture group Onset Corp has raised its own – agreed – offer for Decision Industries Inc to $9.50 a share from $8.75, valuing Decision at almost $90m. Econocom International NV, whose own $8.75 a share bid is due to expire today, had not made any move at press-time, but has already said it would raise its own offer if Decision demonstrated that it was worth more that $8.75 a share. Econocom already holds 23%.

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