Business Services Industry
Buffalo, N.Y.-Based Corporate Computer Services Provider to Lose Money.
Knight Ridder/Tribune Business News, April, 2004
The Buffalo News, N.Y. Knight Ridder/Tribune Business News
Apr. 8--Computer Task Group, the Buffalo-based provider of corporate computer services, expects to suffer a loss in the first quarter after disposing of its money-losing Dutch unit.
The divestiture of CTG Nederland B.V. will result in a charge of $3.7 million, or 22 cents per share, the company said.
CTG transfered the company and its obligations to managers on Jan. 1.
The transfer of the business, which is being treated as a discontinued operation, removes a drag on CTG's financial performance without ...
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