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Individual to sell Freeloader

Published on .

Individual Inc. said it plans to spin off its FreeLoader unit, one of the first providers of push technology. Although the company did not disclose with whom it is negotiating sale, Individual is in the midst of a number of discussions. Separately, Individual reported fourth quarter revenues reached $7.3 million. However, the company also reported a net loss of $5.8 million.

Copyright February 1997, Crain Communications Inc.

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