MAXTOR <MXTR> AGREES TO ACQUIRE U.S. DESIGN
  Maxtor Corp and U.S. Design
  Corp <USDC>, said they reached definitive agreement covering
  the acquisition of U.S. Design by Maxtor.
      They said the arrangement, which is subject to a number of
  conditions including U.S. Design shareholder approval, calls
  for Maxtor to issue 12 mln dlrs worth of its own common stock
  in exchange for all of U.S. Design.
      The number of Maxtor shares to be issued will be determined
  by the average closing price of Maxtor stock over the 10
  trading day period prior to the day the acquisition becomes
  effective, the companies also said.