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Realignment at Pru-Bache Unit: Prudential-Bache Securities...

June 10, 1989

Realignment at Pru-Bache Unit: Prudential-Bache Securities said it is reorganizing its investment and merchant banking operations in an effort to improve competitive clout. A spokesman said it involves changes in the chain of command. No employees in the division, called Prudential-Bache Capital Funding, will be laid off or be required to make significant relocations, he said.

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