Adobe, Aldus to Merge

THE JOURNAL RECORD, March 16, 1994 | Go to article overview

Adobe, Aldus to Merge


NEW YORK _ Adobe Systems Inc. and Aldus Corp., the country's two leading desktop publishing software companies, announced an agreement to merge in a stock swap valued at about $525 million. The deal is subject to numerous conditions, including approval by regulators and shareholders.

The two companies dominate the market for personal computer programs that let people create documents, such as newsletters. Industrial Nations Wrap Up Unemployment Conference

DETROIT _ Economics ministers from the seven largest industrial countries wrapped up an unprecedented unemployment conference with words of concern about the jobs crisis but no agreements on how to end it. Still, they declared their meeting Tuesday an "important first step" that would lead to better coordination in the future. GM, Union Leaders Resume Contract Talks

DAYTON, Ohio _ Negotiators for General Motors Corp. and unionized workers at two brake plants resumed contract talks, seeking to end a strike that could soon shut down at least two GM assembly plants. Three-thousand members of the United Auto Workers walked off the job Monday. …

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