VRSN » Topics » Jamba Service business

This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Jamba Service business

 

On September 1, 2007, the Company sold its wholly-owned Jamba Service GmbH subsidiary (“Jamba Service”), which marketed insurance and extended service warranties to consumers for mobile electronic equipment and products, for $12.8 million in cash and recorded a net gain of $1.4 million. Jamba Service was considered a discontinued operation and was part of the Communications Services Group segment.

 

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