EXCO BUYS U.S. GOVERNMENT SECURITIES BROKER

<Coloroll Group Plc> said it has entered
into a conditional agreement to acquire the business and assets
of <Wallco Inc> and related companies for 14.5 mln dlrs.
    Miami-based Wallco manufactures and distributes
wallcoverings and showed a pretax profit of 1.5 mln dlrs on
turnover of 37 mln in the year ending June 1986. The total U.S.
Market was estimated to be worth 840 mln dlrs in 1986, having
grown by 47 pct in the previous five years, Coloroll said.
    The combined sales and profit of the enlarged Coloroll U.S.
Business would be 67 mln and four mln dlrs respectively.
 REUTER

COLOROLL AGREES TO BUY U.S. WALLCOVERINGS COMPANY

Scientific Micro Systems Inc said it
has acquired Supermac Technology, a rapidly growing supplier of
enhancement products and disc drive subsystems for the Apple
personal computer market.
    Scientific Micro said it acquired all the common stock of
Supermac in exchange for 1.05 mln shares of its own common
stock. The stock closed at 5.50 dlrs bid on Friday.
    Supermac, a privately held firm based in Mountain View,
California, as is Scientific Micro, reported a net profit of
300,000 dlrs on revenue of 9.5 mln dlrs in fiscal 1986. It
expects its revenue to approximately double in 1987.

 Reuter

SCIENTIFIC MICRO SYSTEMS <SMSI> ACUIRES SUPERMAC

AMERICAN EXPRESS <AXP> VIEWING SHEARSON OPTIONS

Ropak Corp said it received
and accepted about 456,968 common shares and 527,035 Series A
convertible preferred shares of Buckhorn Inc at four dlrs and
5.75 dlrs each respectively in response to its tender offer
that expired Friday, and it now owns 34.4 pct of Buckhorn
voting power.
    The company had owned 63,000 common and 25,100 preferred
shares before starting the hostile tender.  Ropak said it is
borrowing the funds needed to buy the Buckhorn shares from its
bank lender and will not need to use any funds that another
bank had committed to provide under a margin loan.
    Ropak said it waived minimum acceptance requirements to buy
the shares and intends to evaluate a number of possible ways of
completing an acquisition of Buckhorn.  It said it hopes that
Buckhorn's board will reevaluate its position and enter into
meaningful negotiations.
 Reuter