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Comverse Technology (CMVT.PK) is likely to pursue a sale of its Verint Systems (VRNT.PK)...
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Wednesday, January 12, 2011, 9:08 AM ETComverse Technology (CMVT.PK) is likely to pursue a sale of its Verint Systems (VRNT.PK) subsidiary in a deal that could fetch $2B, WSJ reports. Comverse, which for years has been tangled up in an options backdating scandal, has a few more financial statements to file to comply with regulatory requirements; it is then expected to look for potential buyers.
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