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Prodigy sale complete

Published on .

Prodigy Services Co. has officially closed the chapter of its life involving Sears, Roebuck & Co. and IBM Corp. The sale of Prodigy to International Wireless is now complete. Terms weren't disclosed, but the sale price is estimated at between $100 million and $250 million, far less than Sears and IBM invested in the years they owned Prodigy.

Copyright June 1996 Crain Communications Inc.

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