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January 3, 1988

VODAVI TECHNOLOGY TO MERGE WITH ISOETEC COMMUNICATIONS

By CBR Staff Writer

Having agreed to acquire the Executone unit of Contel Corp, Scottsdale, Arizona-based Vodavi Technology Corp is now to merge with analogue and digital business telephone systems distributor Isoetec Communications Inc to form a new company whose shares will be distributed equally to holders of the two constituent firms: the new firm, with annual sales of $350m to $400m, will be based at Isoetec’sDarien, Connecticut headquarters.

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