NCR Says AT&T; Is Insincere in Talks:...
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From Times Staff and Wire Reports
NCR Says AT&T; Is Insincere in Talks: NCR Corp. is accusing American Telephone & Telegraph Co. of insincerity and stubbornness in talks on a takeover price for the computer company, which AT&T; has pursued for nearly six months. NCR Chairman Charles E. Exley released a letter to AT&T; Chairman Robert E. Allen that accuses AT&T; of bad-faith bargaining. The letter cited AT&T;’s brushing aside an NCR offer to sell at $110 per share. AT&T; has offered $100.
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