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March 24, 1988

PLESSEY RAISES OFFER FOR LEIGH INSTRUMENTS

By CBR Staff Writer

Plessey Co Plc is the white knight in the bidding for Canadian Leigh Instruments Inc, and has raised its offer for the preference shares to $Can29.25 from $25.35, leaving its bid for the ordinaries at $6.50 a share, increasing the total value of its offer to UKP45.2m from UKP43.8m.

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