Mgmt. Buyout Bid At Telekurs In U.S. Nixed By Swiss

VENDOR STRATEGIES

Ken Marlin, president of Telekurs (North America) Inc. has been trying for nearly a year to convince his bosses at Telekurs AG in Switzerland to agree to a New York-led management buyout of a portion of the vendor's North American business. After three meetings discussing possible buyout scenarios, Marlin's request was rejected at the end of last year. Marlin and associates now plan to regroup and re-try the North American proposal as early as next year following the expected release of the much

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