MGIC Wants to Shed Units

MGIC is in discussions to sell its eMagic unit as well as its Myers Internet business, a company spokeswoman confirmed. The pair contributes minimal revenue to the company and it has made a strategic business decision to try and divest them, she said.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_428/mgic-wants-shed-units-1026485-1.html

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