CheckFree Trims Revenue Forecast

Bills, Steve
February 2006
American Banker;2/7/2006, Vol. 171 Issue 25, p20
Trade Publication
This article reports that CheckFree Corp. cut its revenue forecast for its fiscal third quarter by nearly $1.5 million because of a sale announced Monday. The Atlanta company said it would record a one-time gain on the sale of the assets of the investment research products unit M-Solutions, of Durham, N.C., to Informa Investment Solutions Inc., a unit of the specialty publisher Informa PLC. It did not disclose the price.


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