Geac Decomposes To Survive P.J. Jakovljevic - April 24, 2001
Event Summary
On April 3, Geac Computer Corporation Limited (TSE: GAC), a struggling Canadian supplier of enterprise management software, announced that it has completed the sale of its hotel business to Galaxy Hotel Systems LLC for approximately $ 1 million (US). Galaxy Hotel Systems is a subsidiary of Starwood Hotels & Resorts Worldwide, Inc., the largest client of the hotel business...
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