TECHNOLOGY - Feb. 21, 1994
From Times Staff and Wire Reports
France’s Groupe Bull May Sell Stock to Employees: Jean-Marie Descarpentries, chairman of the money-losing, state-owned computer maker, said he would like to allocate 15% to 20% of Bull’s shares to employees, while allowing two or three outside partners to buy 10% to 15% each. Japan’s NEC Corp. already owns about 5% of Bull’s parent company and was cited as a possible candidate. IBM owns 2%. The French state owns or controls the rest.
