Pitney Bowes to sell software solutions unit for $700 million to cut debt

Pitney Bowes to sell software solutions unit for $700 million to cut debt

4 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-pitney-bowes-m-a-syncsort/pitney-bowes-to-sell-software-solutions-unit-for-700-million-to-cut-debt-idUSKCN1VG13W

Mail management company Pitney Bowes Inc said on Monday it would sell its software solutions unit to enterprise solutions provider Syncsort for $700 million in an all-cash deal, as it looks to cut its debt.