OTHER NEWS - July 19, 1996
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Quarterdeck said it bought Vertisoft Systems, a publisher of utility software and a leading direct-mail marketer, for about $28 million worth of stock. . . . Sunbeam said it hired former Scott Paper Chief Executive Albert Dunlap as its chairman and CEO. . . . Connecticut became the 10th state to sue tobacco companies in the last two years, seeking to recover $1 billion in Medicaid money spent treating smokers. . . . US Healthcare said its shareholders approved the company’s $8.14-billion acquisition by Aetna Life & Casualty.
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