NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: LGS GROUP INC.
ME SYMBOL: LGS.A
JUNE 9, 1997
LGS Group Inc. - Update
MONTREAL, QUEBEC--At the request of the Montreal Exchange, LGS
Group Inc. advises that it is not in any way in business
discussions with CGI Group, nor in business discussions with any
other competitive group and it is not aware of any material
developments which would explain the recent increase in its share
price. LGS.A is listed on the Montreal Stock Exchange.
LGS Group Inc. is an international firm headquartered in Montreal,
specializing in information technology, systems integration and
management consulting. LGS, whose annual sales exceed $90
million, employs more than 1,100 professionals located in 16
offices in Canada and Europe.
<<< So what is the reason, except that the market is looking positively at GBI.a and by inference, believe LGS will do the same.. , I hope >> |
