Ask Completes Ingres Tender Offer: Ask Computer...
From Times Staff and Wire Reports
Ask Completes Ingres Tender Offer: Ask Computer Systems completed its $110-million tender offer for software maker Ingres Corp. and sold 29.5% of its common stock to EDS Corp. and Hewlett-Packard Co. for $60 million. Ask, which sells computer systems to manufacturing companies, said it had accepted for payment, at $9.25 a share, 94% of Ingres stock, tendered in an offer that expired Friday at midnight.
