View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 28, 1988

TWO MAJOR MAI BASIC FOUR SHAREHOLDERS WANT TO SELL OUT

By CBR Staff Writer

Looks like the short-lived calm at MAI Basic Four Inc after it was dismembered by Asher Edelman will be short-lived: the Tustin, California company says that Bennett LeBow – now with much bigger fish to fry at Western Union Corp – and William Weksel, who together control 60% of the shares, want to sell out: they have asked the company to develop a programme to accomplish the sale in the best interests of company and all shareholders: the news was good for a $3.875 leap in the share price to $19.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU