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Helinetics Inc

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BUSINESS
August 11, 1992
Helionetics Inc. said Monday that it has reached an agreement with the heirs of a major stockholder that prohibits their selling the bulk of his $8-million stake in the company for at least two years. George de B. Bell, who died last year, owned 20% of Helionetics' 10.5 million shares of common stock. He had stipulated in his will that his heirs not sell his shares in the electronics company, the company said.
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BUSINESS
August 11, 1992
Helionetics Inc. said Monday that it has reached an agreement with the heirs of a major stockholder that prohibits their selling the bulk of his $8-million stake in the company for at least two years. George de B. Bell, who died last year, owned 20% of Helionetics' 10.5 million shares of common stock. He had stipulated in his will that his heirs not sell his shares in the electronics company, the company said.
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