	cyclops cyl will not give data to group cyclops corp said its board rejected a request by cy corp an investor group for more non public information about cyclops a maker of specialty steels and an electronics retailer cyclops cited its agreement to be uired by britain s dixons group plc for dlrs a share under a tender offer that expires midnight march cy comprising audio video affiliates inc citicorp capital investors ltd and other investors yesterday said it would increase its tender offer for cyclops to dlrs a share from dlrs subject to certain conditions the conditions were that cyclops provide cy with non public data given to dixons and that cy be satisfied with financial projections made by dixons in its offer cyclops also said its board determined that cy s announcement was not an offer cy s press release does not amend cy s outstanding tender offer which remains at dlrs per share and it does not state that cy has financing commitments necessary to carry out its original offer or any increased offer that it may make cyclops said in a statement its agreements with dixons are binding and dixons indicated it will not rescind or waive any provisions of the pacts cyclops said the company also said it was advised that dixons shareholders approved the merger satisfying that condition of the agreement reuter 
