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    1. MBI Business Centers Inc. won a renewal of a contract to operate three personal-computer stores for the federal government, the General Services Administration said.
    2. However, the MBI team is buying interests including manufacturing facilities in the UK (Farnborough), Australia and Spain, the contact lens sales force, research and development projects and the rights to patents and licences.
    3. Company secretaries said MBI executives weren't available to answer questions.
    4. The Unimerchants MBI took almost a year to arrange, and was probably more protracted than an equivalent MBO. A classic problem with many buy-ins is the discovery after acquisition of skeletons in the company closet.
    5. MBI changed to a centralized accounting system from a decentralized system in August and is doing "extensive analysis" of third-quarter transactions, the company said.
    6. MBI Business Centers said it filed for reorganization under Chapter 11 of the federal Bankruptcy Code, after defaulting on loans and losing a credit line from its principal lender, Maryland National Bank.
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