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BEI CLOSES SALE OF BEI GOLEMBE TO EDS

 ATLANTA, May 28 /PRNewswire/ -- BEI Holdings, Ltd. (NASDAQ: BEIH) reported today the closing of the previously announced sale of its financial consulting division, BEI Golembe, to Electronic Data Systems Corporation of Dallas.
 The purchase price was $22 million in cash.
 The company also announced a $.05 per share quarterly dividend payable on July 15 to shareholders of record as of June 30.
 BEI Holdings, Ltd. is a diversified consulting firm with offices throughout the United States.
 -0- 5/28/93
 /CONTACT: Charles C. Ray Jr., chief financial officer of BEI Holdings, 404-315-6060/
 (BEIH)


CO: BEI Holdings, Ltd.; BEI Golembe; Electronic Data Systems
 Corporation ST: Georgia, Texas IN: FIN SU: TNM DIV


BN-BR -- AT002 -- 3345 05/28/93 10:59 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 28, 1993
Words:120
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