Quotron For Sale: In Talks With Two Takers, Citi Offers Quotron For Nothing
VENDOR STRATEGIES
Two prospective buyers have emerged to take Quotron off Citicorp's hands: Electronic Data Systems Corp. (EDS) and a loose association, including former Quotron executives, network provider MCI Telecommunications Inc. and field service organization Phoenix Technologies Inc. Under both proposed deals, sources say, buyers would pay nothing for Quotron. What's more, they add, Citi is considering indemnifying the vendor's losses for one year after the deal's completion.
Quotron is currently losing
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