	osr osrc to make uisition osr corp said it has agreed to uire the properties and assets of telcom international group for mln common shares which would give former telcom owners an pct interest in the combined company telcom is an international film and television distributor the assets being uired consist mostly of distribution rights to films valued at over one mln dlrs the company said osr said as part of the uisition agreement is is required to sell its pct interest in standard knickerbocker ltd which makes jeans in canada osr said it expects to net about dlrs on the sale of standard knickerbocker the company said both transactions are subject to approval by shareholders at a meeting to be held in april or may it said reuter 
