Conduent agreed to sell its tolling business to Quarterhill Inc. for $70 million. The company says the deal will bolster its financial position, suggesting improved liquidity/capital flexibility even though no margin or earnings-impact details were provided.
Conduent agreed to sell its tolling business to Quarterhill Inc. for $70 million. The company says the deal will bolster its financial position, suggesting improved liquidity/capital flexibility even though no margin or earnings-impact details were provided.
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mildly positive
Sentiment Score
0.35
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