Data On Track To Sell Unit In IPO


Track Data Corp., the Brooklyn, N.Y.-based market data vendor best known for its options analytics, is planning an initial public offering of a portion of its business, sources say. While it could not be determined at press time which unit or units the vendor was looking to sell, some sources speculate that Track's consumer-oriented so-called Track Online division is the likeliest candidate.

Track Data is a privately held corporation. Officials there, including chairman Barry Hertz, decline t

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