MANAGEMENT BRIEFS - WatersTechnology.com

WatersTechnology Staff
20 Mar 1992

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After almost two months of repeated rescue attempts, Pont Data Inc., the financially stricken quote vendor, went bust at the end of February. A continuing dispute over ownership of key assets, including rights to the Pont Advantage workstation software, finally proved its undoing. Pont Data ceased its service Feb. 28, following the failure of a complex rescue plan, involving a consortium of multinational companies, among them Pont's distributors. Industry sources had said that up to eight

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