Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

Businessland said it will buy a 36-store chain.

April 15, 1986

The acquisition of MBI Business Centers is San Jose-based Businessland's second in a month. On April 1, it said it was buying the 36 stores of Americsource. The two acquisitions more than double its existing chain of 69 company-owned stores. In the MBI deal, Businessland is exchanging 1.5 shares of its common stock for each of the about 5 million MBI shares in a deal valued at about $75 million.

Advertisement
Los Angeles Times Articles
|
|
|