KeyCorp said Tuesday it had agreed to buy 80% of Leasetec Corp., a $1.2 billion-asset computer and telecommunications equipment leasing company in Boulder, Colo.

Terms of the deal were not announced. But analysts estimated that Cleveland-based KeyCorp will pay up to $400 million. They said the business could add about $10 million, or about 5 cents per share, to the bank's earnings in 1998.

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