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Short Take: Hayes merger approved

Shareholders of modem maker Hayes Microcomputer Products unanimously approved the merger with remote access player Access Beyond, originally announced in July. The combined company will be re-named Hayes Corporation and is expected to have a market capitalization of approximately $350 million. Final approval of the merger is expected when Access Beyond's shareholders meet next week.

    Shareholders of modem maker Hayes Microcomputer Products unanimously approved the merger with remote access player Access Beyond, originally announced in July. The combined company will be re-named Hayes Corporation and is expected to have a market capitalization of approximately $350 million. Final approval of the merger is expected when Access Beyond's shareholders meet next week.