Citicorp may be on the verge of cutting the deal that would finally allow it to unburden itself of Quotron. As IMD went to press, sources say that a consortium of buyers, led by Quotron's field service organization Phoenix Technologies Inc., had come to terms with the bank and that a firm deal would emerge within the next few weeks.
Officials at Quotron and Phoenix could not be reached for comment at press time. A Citicorp spokesperson declines to comment. But other sources say that the deal
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails