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By Compiled From Wire Service Dispatches With Analysis From Monitor Correspondents Around The World; Edited By Laurent Belsie

February 10, 1983

William Agee, who initiated one of the most bitter merger battles in US corporate history, resigns June 1 as chairman of the Bendix Corporation. It was the second departure in two days of a top executive of Bendix, which merged last year with Allied Corporation to avoid a hostile takeover bid.