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August 10, 1988

PACTEL TO ACQUIRE ABI AMERICAN BUSINESSPHONES

By CBR Staff Writer

The PacTel Corp subsidiary of Pacific Telesis Group now has definitive agreement for the acquisition of ABI American Businessphones Inc, under which PacTel will pay $11 in Pacific Telesis shares for each ABI, or $18.77m all told. executive officer of PacTel Corp.

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