New York investor Bennett S. LeBow, responding...
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New York investor Bennett S. LeBow, responding to Wall Street criticism of Tustin-based MAI Basic Four’s proposed $970-million takeover of Prime Computer, said there is no hidden motive in his bid. “The only motive . . . is to acquire Prime,” LeBow wrote in a letter to Anthony L. Craig, Prime’s president and chief executive. Analysts have speculated that Lebow may be trying to entice Prime into making a counteroffer for MAI.
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