INEL - Inteligent Electronics ? Message Board

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Technology Stocks : INEL - Inteligent Electronics ?

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To: James Strauss who wrote (230)	5/22/1998 11:46:00 AM
From: DMaA	Read Replies (1) of 234

Guess this is the end, stock not trading today: Dow Jones Newswires -- May 20, 1998 Xerox Closes $415M Buy Of XLConnect Dow Jones Newswires ROCHESTER -- Xerox Corp. (XRX) completed its $415 million acquisition of XLConnect Solutions Inc. (XLCT) and its parent company Intelligent Electronics Inc. (INEL). In a press release Wednesday, Xerox said the acquired operations, renamed Xerox Connect, will be part of the Document Services Group. As reported March 5, Xerox agreed to pay about $20 a share for XLConnect and about $7.60 a share for Intelligent Electronics. Xerox Connect, Exton, Pa., provides computer networking, application development and help desk services.

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