Businessland Lands Itself A Deal
Thanks to JWP, Businessland seems to have skirted bankruptcy court. Businessland, the formerly high-flying computer retailer, is likely to accept JWP's bid of some $50 million in cash and paper. JWP, with revenues of $2.9 billion a year, is a construction-engineering and information-systems company in Purchase, N. Y. If completed, the deal would give it a national presence in computer-systems services and an entry to international markets. JWP's information-systems business already brings in about $800 million in yearly sales.
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