Computer Firms End Merger Bid
DETROIT — Burroughs Corp. has terminated merger talks with New York-based Sperry Corp. after the computer makers failed to agree on combining their technology and marketing, Burroughs said today.
A new computer company formed by the merger would have ranked second behind industry leader International Business Machines Corp. Burroughs said negotiations continued through the weekend, but broke off when Burroughs insisted that the companies merge but keep marketing and technological strategies separate.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
