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Article: NATIONAL DATA CORPORATION ANNOUNCES TERMINATION OF DISCUSSIONS WITH GENERAL COMPUTER

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PR Newswire
Article date:
October 4, 1994
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ATLANTA, Oct. 4 /PRNewswire/ -- National Data Corporation (NYSE: NDC) announced today that it has terminated discussions regarding its previously announced plan to acquire General Computer Corporation (Nasdaq: GCCC).  National Data said its letter of intent with General Computer relating to the acquisition was terminated following completion of National Data's due diligence review and the failure of the parties to reach agreement on a definitive purchase ...

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