ATLANTA - (05/01/03) -- S1 Corp. said Wednesday it hasterminated discussions aimed at selling its Edify contact centerautomation operations because it was unable to arrive at anacceptable price. As a result, the financials for Edifywill no longer be accounted for as discontinued operations and thecompany's first quarter financials, due out Thursday, will includea $12 million impairment charge for the unit. The company expectsthe Edify operation to generate between $30 million and $33 millionof revenues for fiscal 2003.
S1 Yanks Edify Off TheMarket
May 01, 2003, 1:00 a.m. EDT 1 Min Read
