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Identive to divest non-core assets

  • Identive's (INVE) board has approved the sale of non-core businesses to enhance the company's focus on high-growth ops. Identive expects to divest its Multicard U.S. business and the assets related to the Tagtrail platform in "the next few months."
  • The company will classify those businesses as discontinued operations beginning in Q4.
Comments (1)
  • cburiiii
    , contributor
    Comments (7) | Send Message
     
    unloading drags on cash and emphasizing the future
    13 Nov 2013, 10:06 AM Reply Like
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