Litigation Threats May Complicate Sale Of Infotech Units


Alan Hirschfield and Allan Tessler, the Two Allans and co- chief executives of stumbling Infotechnology Inc., last week announced they would recommend offering for sale the principal operations of the company. The company retained the investment banking firm of Wertheim Schroder & Co. to evaluate potential offers.

Infotech is the parent company of a melange of prestigious and struggling business news, health care and financial data companies including United Press International Inc. and the

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