	idc services idcs o holders offered dlrs idc services inc said a new company will begin a cash tender offer by october to uire all of idc s outstanding common for dlrs a share the company said the offer is being made under a definitive agreement reached with the new company idc uisition corp formed by apollo partners ltd and investment clients of equitable capital management inc the agreement calls for the uisition of idc for about mln dlrs idc uisition will also tender for all of idc s outstanding nine pct convertible subordinated debentures idc said the merger agreement also provides for payment of an equivalent amount in respect of employee stock options to be cancelled in the merger as part of the transaction the company said it granted idc uisition an option to uire up to pct of the company s outstanding shares for dlrs per share it said the planned tender offer is subject to several conditions including the tendering of over pct of the company s outstanding stock mim holdings ltd mima s a substantial shareholder in idc has agreed it will not buy any additional idc shares until february seven and has granted idc uisition a right of first refusal on any idc shares it sells during that period the company said it said apollo partners was recently organized by three former senior viacom inc via executives terrence a elkes george c catell and kenneth f gorman reuter 
