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Markets & Finance

Xircom Agrees to Buyout by Intel


Forstmann Little agreed to buy Citadel Communications (CITC) for $26 per Citadel share.

Nestle S.A. will buy Ralston-Purina (RAL) for $33.50 cash per Ralston share.

Penske Truck Leasing will buy Rollins Truck (RLC) for $13 per Rollins share.

Intel (INTC) will buy Xircom (XIRC) for $25 per Xircom share.


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