Bonneville International Puts Quote Unit On The Market; Asking Price Said To Be Several Million
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Bonneville Telecommunications Corp., a leading quote vendor in the commodity markets, has been put up for sale by its parent company, Bonneville International Corp. The price tag was not revealed, but is thought to be several million dollars, and any buyer would have to be prepared to invest several million more.
The quote unit, which includes a telecommunications network, "doesn't meet ownership's needs at the present time," says Blaine Whipple, chief financial officer at Bonneville
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