Aztec Sells Cabling Business

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BRAINTREE, MASS.--Aztec Technology Partners, a consultancy, says it has a definitive agreement to sell a "substantial portion" of its voice and data business to Morganthaler Partners, a Cleveland-based investment group, for $34.5 million. It will use the proceeds to pay some of its bank debt, and also spin off part of its PCSI unit, which handles e-commerce projects, in a public stock offering. Aztec says it also will try to sell the rest of its voice and data systems.

Aztec says it is in non

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