Stop Press: Citicorp May Finally Have Found A Taker For Quotron
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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 is
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