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Article: Zenith selling computer business to Groupe Bull; action designed to bring competitive benefits to both. (Zenith Electronics Corp.)
- Article from:
- PR Newswire
- Article date:
- October 2, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ZENITH SELLING COMPUTER BUSINESS TO GROUPE BULL;
ACTION DESIGNED TO BRING COMPETITIVE BENEFITS TO BOTH
GLENVIEW, Ill., Oct. 2 /PRNewswire/ -- In an action designed to bring competitive benefits to both companies, Zenith Electronics Corporation (NYSE: ZE) of Glenview, Ill., and Groupe Bull, of Paris, France, today signed a definitive agreement under which Bull will purchase Zenith's computer business (the Zenith Computer Group, which includes Zenith Data Systems and Heath/Zenith).
The transaction will allow Zenith to position itself for further growth and industry leadership in its original core business, consumer electronics, while Bull ...