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AUSTRALIA'S MYOB TO SELL ITS US OPERATIONS.

AsiaPulse News

| December 01, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MELBOURNE, Dec 1 Asia Pulse - Accounting software provider MYOB Ltd (ASX:MYO) will sell its United States sales and marketing operations to an entity controlled by the US managers of the business.

MYOB had reviewed options for the US business and had concluded that it had diverged strategically from the rest of the group and that its prospects would be maximised as a separate entity.

MYOB said the US operations would have added about ...

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Source: HighBeam Research, AUSTRALIA'S MYOB TO SELL ITS US OPERATIONS.

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