DIAGNOSTIC <DRS> MAKES A BID FOR ROSPATCH <RPCH>
Diagnostic Retrieval Systems Inc
said it has made an offer to acquire, through a wholly owned
unit, all outstanding shares of Rospatch Corp's common stock
for 22 dlrs a share cash, or about 53 mln dlrs.
    DRS, a warfare systems producer, said it would make the
transaction through a cash tender offer for all, but not less
than 51 pct, of Rospatch's outstanding common stock followed by
a merger with Rospatch, a labels, high technology and wood
producer, at the same purchase price per share.
    DRS said the deal is subject to approval by the Rospatch
board, and the tender offer expires on March 6, 1986.
 Reuter
