BREAKING: Xceligent Owner To Conduct Strategic Review Of Business Including All Options And Writes Its Value Down To Zero
Bisnow – National Commercial Real Estate News
The parent company of Xceligent is undertaking a strategic review of options for the business and has written its carrying value down to zero.London-listed Daily Mail and General Trust said in results for the year to 30 September that it was reviewing the future of its five U.S. property information businesses: Exceligent, BuildFax, Trepp, SiteCompli and EDR. The strategic review will be undertaken by DMGT and Xceligent's new management and will look at all potential options, the company sa…
