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November 22, 1996 | Times Staff and Wire Reports
The stocks of bar code technology companies Zebra Technologies Corp. and Eltron International Inc. fell sharply after they ended merger talks. The companies said the negotiations were halted because they could not agree on who would run the combined company. Shares of both companies were among the biggest decliners on Nasdaq: Simi Valley-based Eltron's shares dropped $5.875 to $32.375, and Zebra's fell $4.50 to $25.50. The companies last month signed a letter of intent to merge in a stock swap.
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BUSINESS
November 22, 1996 | Times Staff and Wire Reports
The stocks of bar code technology companies Zebra Technologies Corp. and Eltron International Inc. fell sharply after they ended merger talks. The companies said the negotiations were halted because they could not agree on who would run the combined company. Shares of both companies were among the biggest decliners on Nasdaq: Simi Valley-based Eltron's shares dropped $5.875 to $32.375, and Zebra's fell $4.50 to $25.50. The companies last month signed a letter of intent to merge in a stock swap.
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CALIFORNIA | LOCAL
December 1, 2000 | ANNA GORMAN
The Ventura County Library is working with a Camarillo technology companyto offer literacy tutoring to its employees. The library's adult reading program trained 12 employees at Zebra Technologies Corp. as tutors. They are now working with nearly two dozen employees who have signed up to improve their reading, writing and language skills. Tutors work with students individually and in small groups. For more details and information, call 641-4484.
CALIFORNIA | LOCAL
November 10, 1998 | BARBARA MURPHY
Shareholders of Eltron International in Simi Valley have approved a merger with Zebra Technologies Corp. Eltron International is now a wholly owned subsidiary of Zebra, which is based in Vernon Hills, Ill. The transaction was structured as a tax-free pooling of interests. Zebra Technologies manufactures thermal label printers used for bar code identification. Zebra also offers software and related supplies to its customers, which include more than 70% of the Fortune 500 companies.
BUSINESS
October 29, 1996 | LEO SMITH, TIMES STAFF WRITER
Eltron International Inc., a Simi Valley manufacturer of bar-code label printers, software and accessories, last week signed a letter of intent to merge with Zebra Technologies Corp. of Vernon Hills, Ill. The stock transaction, pending regulatory approval, is valued at about $680 million. As separate companies, Eltron is valued at about $300 million and Zebra Technologies at $600 million. At the time of the transaction, Eltron shares were trading at $33.50, with 7.
BUSINESS
February 21, 1995 | PATRICE APODACA, TIMES STAFF WRITER
After an initial public stock offering, many stocks nose-dive as investors' expectations early on are deflated. Not so with Eltron International Inc., a Chatsworth maker of bar-code printers. In the year since Eltron went public at $6 a share, its stock has more than tripled to about $22. The company might not be sexy--Eltron's printers are desktop metal boxes that spit out bar-code labels--but its appeal is obvious in its numbers: In the nine months ended Sept. 30, Eltron's profit hit $1.
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