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Harte Hanks sells business unit

Apr. 14, 2015 7:19 AM ETHarte Hanks, Inc. (HHS) StockBy: Clark Schultz, SA News Editor
  • Harte Hanks (NASDAQ:HHS) says to will sell its Aberdeen Group and Harte Hanks Market Intelligence business to subsidiaries of Halyard Capital for an undisclosed amount.
  • The company plans to use part of the proceeds to invest in strategic development.
  • The sold business accounted for less than 5% of Harte Hanks' revenue last year.

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