Transactions

the stock of Emjay Corporation have been acquired by Norwest Corporation MERTZ ASSOCIATES acted as advisor to Emjay in preparing analysis materials, evaluating options and participating in initial negotiations.

• EMJAY CORPORATION, Milwaukee, Wisconsin, provides retirement plan design & administration, recordkeeping and trusteeship services. Emjay has over 2,000 retirement plans under administration and total assets under trusteeship of $1.7 billion.
   
  Also included in the sale is Emjay's Maier/Hauswirth registered investment advisory subsidiary. It manages $165 million of the retirement assets Emjay monitors.
   
• NORWEST CORPORATION, Minneapolis, Minnesota, is a $96.1 billion financial solutions company providing banking, insurance, investments, mortgage and consumer finance through 3,847 stores in all 50 states, Canada, the Caribbean, Latin America and elsewhere internationally. Emjay will operate in conjunction with Norwest’s Employee Benefit Services division and substantially increase its total number of retirement plans under administration.