Reynolds Just Latest Example of Big Changes ; the Kettering-Based Firm Is One of Many Area Businesses That's Been Renamed or Joined Forces with Other Companies.

Summary


Reynolds and Reynolds Co.'s plan to become a private company by year's end in a $2.8 billion buyout that will merge it with Houston- based Universal Computer Systems Inc. is yet another dramatic shift for a prominent Miami Valley corporation.

Reynolds and Reynolds, the $1 billion software and services company, plans to keep its name and Kettering headquarters, but going private takes it off the list of those in which local investors can go on the market to buy shares.

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Reynolds Just Latest Example of Big Changes ; the Kettering-Based Firm Is One of Many Area Businesses That's Been Renamed or Joined Forces with Other Companies.

Over the years, buyouts, mergers and bankruptcies have either erased some of the region's oldest and best-know...

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