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Reynolds & Reynolds is up for sale
Updated: Tuesday, 30 Oct 2012, 10:52 PM EDT
Published : Tuesday, 30 Oct 2012, 10:52 PM EDT
DAYTON, Ohio (DAYTON BUSINESS JOURNAL) - Dayton Business Journal: Kettering-based Reynolds and Reynolds Co. is looking to sell itself to private equity interested for upwards of $5 billion, according to a Monday report in Reuters.
It is unclear how the sale would impact local operations at the auto dealer software and services provider, which had 1,300 Dayton-area employees at the end of 2011.
A Reynolds and Reynolds spokesperson declined to comment, saying as a "matter of policy and practice, I don't comment on rumors in the market."
Read more at: Dayton Business Journal: Kettering-based Reynolds and Reynolds Co. is looking to sell itself to private equity interested for upwards of $5 billion, according to a Monday report in Reuters.
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