Monday, March 23, 2009

Spice shortlisted by Satyam Board; to bid for IT firm

NEW DELHI: B K Modi-led Spice Corporation on Monday said it has been shortlisted by the Satyam Board to put its bid for a majority stake in the
crisis-ridden IT firm.

A senior official of Spice Corp said that the company would now get access to the financial data relating to revenues, number of employees and clients and other details to value the firm for putting the auction price.

Source: economictimes.indiatimes.com

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