OTHER NEWS - Oct. 18, 1996

Partnership to Buy Triad: A partnership led by Dallas-based Hicks, Muse, Tate & Furst Inc. said it will buy Triad Systems Corp., a maker of computer systems for auto parts and hardware stores, in a deal worth $300 million. Hicks, Muse and its partner, Cooperative Computing Inc., said they will begin a direct offer to Triad shareholders of about $181.2 million. The offer represents a 68% premium over Triad’s closing price Wednesday of $5.50 a share. Triad shares surged $4 to $9.50 on Nasdaq. Shareholders would also receive shares in an entity that would be spun off. That entity’s assets would consist of Triad’s property at its Livermore, Calif., headquarters and about $20.7 million of debt.