Seeking Alpha

Comverse Technology (CMVT.PK) is likely to pursue a sale of its Verint Systems (VRNT.PK)...

Comverse 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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)