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BRIEFLY

September 25, 1987

ComputerLand Inc. founder William H. Millard has sold a majority share of the nationwide retailer to a New York-based investment group. The price was not disclosed, but the Oakland Tribune reported that a reliable source said the investors paid Millard $75 million for 52% of the Oakland-based company. Texas businessmen William Y. Tauscher and Richard H. Bard, longtime partners in pharmaceutical and hardware businesses, joined the investment company of E. M. Warburg, Pincus & Co. in the deal. Tauscher was named chairman of the ComputerLand board.

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