Mergers are very much the order of the day in the computer leasing business, and the latest to go is Thomas Nationwide Computer Corp in Melville, New York, which wrote $64m of business in 1986: it is on its way to PacifiCorp of Portland, Oregon for $25m upfront and up to $15m more according to performance, and will be merged with its System Leasing Corp in McLean, Virginia.
PACIFICORP ACQUIRES THOMAS NATIONWIDE COMPUTER CORP
