Canadian Star Data On The Sales Block

ORGANIZATION & MANAGEMENT

TORONTO--After months of rumours circulating about the future of Star Data Systems, the Canadian market data vendor is now officially exploring the possibility of a sale or strategic alliance. The move comes as Star Data has been facing a decline in market share and a $20.8 million loss in fiscal 1998.

Star Data has hired First Marathon Securities to review its internal business plans, financial projections and to perform competitive analysis. It will then determine whether the best action wo

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