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Technology / AI and automation

SHARE & BOND ISSUES

Tower Semiconductor Ltd, the Mahwah, New Jersey subsidiary of Data Systems & Software Inc, got its initial offering of 3m shares away at $14 per share. The operator of a semiconductor fabrication foundry gave no indication of the purpose of raising the money. Bear, Stearns & Co Inc and Furman Selz Inc are acting as underwriters for the offer.

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CBR Staff Writer

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