NASHVILLE - Envoy Corp., the transaction processing company that recently sold its financial division to First Data Corp., reported a loss of $389,000 in the second quarter.

The merchant processing business, sold to First Data for $170 million, was treated as a "discontinued operation" and was not included in the quarterly result. Envoy, which is now focused on the pharmacy and health care markets, incurred $542,000 of nonrecurring costs in connection with the sale.

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