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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Colin Christie who wrote (7769)	12/23/1997 11:58:00 AM
From: JKelly	Read Replies (1) of 31646

More BMY sites to be evaluated by TPRO???? This just in... >>Bristol-Myers to buy Redmond Products NEW YORK, Dec 23 (Reuters) - Bristol-Myers Squibb Co said Tuesday that it has signed an agreement to acquire for stock Redmond Products Inc, one of the largest privately held hair care companies in the U.S. Bristol-Myers said that the transaction, which will be accounted for as a pooling of interests, is ''accretive''. A company spokeswoman was not immediateley available to clarify what the transaction is accretive to or when the accretion would be effective. Once the acquisition is finalized, the Redmond business will become a part of the Bristol-Myers Squibb Worldwide Beauty Care Group. Redmond Products annual sales are about $130 million. <<

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