Chubb CTF Management Buyout Team Stops Sale To Comdisco

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The saga of the attempted management buyout of the Chubb Contingency Trading Facility (CTF) by four chief executives continues, as the executives stopped a sale of CTF to Comdisco, says an industry source. The executives successfully argued in court that they had first rights of refusal on the sale of CTF, the disaster recovery services company of Chubb Services.

A judge in Somerset County, New Jersey sided with the executives and issued a temporary restraining order preventing the sale of CTF to

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