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Reynolds, Houston company merging.
Byline: John Nolan
Aug. 8--KETTERING -- Reynolds and Reynolds Co. said Tuesday that it plans to merge with Universal Computer Systems Inc. of Houston, Texas, to increase the company's value to shareholders and improve service to auto dealers.
The combined company will continue to be known as Reynolds and Reynolds Co., with the products of both companies to be marketed only under the Reynolds brand. Reynolds will continue to have its headquarters and principal operations in the Dayton area. The company provides computers and software to help auto dealers run their businesses.
The deal, if approved by federal regulators and Reynolds shareholders, will make Reynolds a private company when the deal is closed by …
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