Citicorp's announcement two weeks ago that it had taken a $400 million third-quarter writedown on its investment in Quotron Systems Inc. made speculation on prospective buyers for the unit a favorite industry pastime. But the bank had already cleared funding for Quotron's planned New Premises System, which would revamp the vendor's network infrastructure and delivery platforms.
A Citicorp spokesperson confirms that Quotron is no longer regarded as one of the bank's strategic businesses. The s
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