86,666,666 shares...

"For purposes of calculating the filing fee pursuant to Rule 0-11(d), the Transaction Valuation was calculated on the basis of (i) 84,768,152 outstanding shares of common stock, par value $.01 per share, of Lanier Worldwide, Inc. (the "Shares"), (ii) the tender offer price of $3.00 per Share and (iii) 2,245,984 options to acquire Shares with an exercise price at less than $3.00 under Lanier Worldwide, Inc.'s Stock Incentive Plan with an aggregate value of $1,861,792. Based on the foregoing, the transaction
value is equal to the sum of (1) the product of number of outstanding Shares and $3.00 per Share and (2) the product of (A) 2,245,984 Shares which are subject to options to purchase Shares with an exercise price of less than $3.00 per share and (B) the difference between $3.00 per Share and the exercise price per Share of such options."

http://www.secinfo.com/dsvrh.5Vm.htm

not a lot of shares for a company founded in 1934....

What was the bulk of that 650mill debt? Stock buy backs, or, as noted, hardware dying on the vine due to technological change?

The way I see it, Ricoh had complete control of the store front.

doni