BANKING & FINANCE - May 21, 1996

GE Capital Services to Buy AmeriData: The finance and specialized insurance subsidy of General Electric Co. said it agreed to acquire AmeriData Technologies Inc. for about $490 million. Stamford, Conn.-based AmeriData is an international provider of distributed computer products and services and of business and technology consulting. The $16-per-share price represents a premium of about 40% over AmeriData’s average trading price of the last 60 days. AmeriData shares rose 37.5 cents to $15.75 on the New York Stock Exchange. GE stock rose $3.125 to close at $84.375, with more than 3.1 million shares changing hands, also on the NYSE.. AmeriData would become a subsidiary of Norcross, Ga.-based GE Capital Technology Management Services, one of GE Capital Services’ equipment management units. GE Capital is one of the world’s biggest computer equipment lessors.