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August 8, 1988

VERMONT IN TALKS TO SELL DISK BUSINESS, HEADQUARTERS

By CBR Staff Writer

North Springfield, Vermont-based Vermont Research Corp, looking to liquidate, says it has informal agreement with a prospective buyer for its headquarters building for $650,000, and is in discussions on sale of its disk drive production facility and technology, for $1.5m plus a minimum of $1.35m over three years with further possible payments in the following three years.

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