COMPANIES
From Times Staff and Wire Reports
AT&T;, NCR to Amend Merger Terms: AT&T; and NCR plan to amend their merger agreement so they can use an accounting method that will make the transaction tax-free to NCR shareholders. Dayton, Ohio-based NCR agreed in May to be acquired by American Telephone & Telegraph Co. for $7.4 billion. Under the amended plan, the companies will increase the $110-per-share transaction price by 74 cents and NCR will stop paying dividends until the merger is completed this fall.
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