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Friday, July 1, 2011

Notion VTec sale talks fall through (Edge)

The controlling shareholders of Notion Vtec had abandoned negotiations to dispose of their business/equity interest after talks with the interested party fell through, just two weeks after it said negotiations were still on-going.

Notion VTec said on Friday, July 1 that it was informed by the controlling shareholders that “they have terminated negotiations with the interested party due to disagreement over certain terms and conditions”.

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