UK: GUS Confirms Breathe Sell-Off
Great Universal Stores, the retailer, yesterday confirmed it has put Breathe.com, the Internet service provider, up for sale less than three months after buying it out of receivership for £1.4m, the Financial Times reported. The company justified the decision by saying it had bought Breathe for its technology. It said it was in discussions with a number of parties to sell the ISP - which had about 120,000 subscribers when GUS bought it in January.
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