CSC, Continuum set shareholder meetings to approve merger.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif., and AUSTIN, Texas--(BUSINESS WIRE)--June 6, 1996--Computer Sciences Corp. (NYSE NYSE See: New York Stock Exchange :CSC) and The Continuum Co. Inc. (NYSE:CNU CNU Christopher Newport University CNU Chungnam National University (Korea) CNU Congress for the New Urbanism CNU Chonnam National University (Korea) CNU Consiglio Nazionale degli Utenti ) announced Thursday that they have each scheduled shareholder meetings for July 31 to seek approval of their proposed merger. The record date for the meetings is June 21. CSC's meeting is the company's regular annual shareholders meeting, and it will be held at 11 a.m. (PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT ) at the Sheraton Gateway Hotel, Los Angeles Airport, 6101 West Century Blvd., Los Angeles. Continuum is having a special meeting for its shareholders at 1 p.m. (CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT ) at the company's headquarters, 9500 Arboretum arboretum: see botanical garden. arboretum Place where trees, shrubs, and sometimes herbaceous plants are cultivated for scientific and educational purposes. An arboretum may be a collection in its own right or a part of a botanical garden. Blvd., Austin. The two companies announced April 29 that they had signed a definitive agreement for a merger by a share exchange to be accounted for as a pooling-of-interests. Shareholders of Continuum will receive 0.79 of a share of CSC for each share of Continuum. Continuum an international consulting and computer services firm headquartered in Austin, with offices in 17 countries serving the needs of the global financial services industry for computer software and services. Continuum has approximately 4,300 employees worldwide, serving the needs of more than 850 financial institutions located in more than 40 countries. Computer Sciences Corp. had $4.2 billion in annual revenues for its fiscal year ended March 29, 1996. The company is headquartered in El Segundo, and has 34,000 employees in 575 offices worldwide. CSC provides clients with a wide range of professional services including management consulting; business reengineering; information systems consulting and integration; and outsourcing. CONTACT: CSC Bruce Plowman or Spencer Davis, 310/615-0311 or CNU John L. Westermann III, 512/345-5700 |
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