Dic Company

DIC, a Burbank company that in six years rose from a two-man operation to become the nation's largest television cartoon maker, disclosed Monday that it plans to go public by merging with a largely liquidated computer parts company in Chatsworth. Under the agreement, DIC would in effect absorb Computer Memories, which was one of the nation's largest makers of disk drive data storage devices for personal computers until it was dumped in 1985 by its primary customer, IBM.

DIC, a Burbank company that in six years rose from a two-man operation to become the nation's largest television cartoon maker, disclosed Monday that it plans to go public by merging with a largely liquidated computer parts company in Chatsworth. Under the agreement, DIC would in effect absorb Computer Memories, which was one of the nation's largest makers of disk drive data storage devices for personal computers until it was dumped in 1985 by its primary customer, IBM.

This sure isn't Strawberryland. On Friday, American Greetings Corp., which owns the rights to the whimsical icon of the 1980s -- the rag-doll-like Strawberry Shortcake -- sought to block the sale of its licensing partner, Burbank-based DIC Entertainment Holdings Inc., to a privately held Canadian firm.