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South Orange Luxury Apartment Complex Sells for $32M

2013-02-27 16:34:00| National Real Estate Investor

In addition to the apartment units, the complex contains 4,000 sq. ft. of ground-floor retail space. The Avenue at South Orange was completed in 2010 and consists of a mix of studio, one-, two- and three-bedroom luxury residences. On-site amenities at the property include private terrace courtyards, a fitness studio, a clubroom and two levels of covered parking, among other perks. Average rents range between $1,615 and $3,725 per month.

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Weekly Top Insider Sells

2013-02-26 23:49:02| Furniture - Topix.net

According to GuruFocus Insider Data , these are the largest insider sells during the past week.

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MicroStrategy sells off contact center software division

2013-02-26 18:19:33| InfoWorld: Top News

BI (business intelligence) vendor MicroStrategy is getting out of the contact center software business, having sold off its Angel subsidiary to Genesys for roughly $110 million in cash. The deal is expected to close in March. Angel offers an array of cloud-based, self-service contact center products, with interactive voice response, chat and other capabilities. Angel has developed a series of customer service applications specialized for various industries, such as banking and health care, according to a statement released Tuesday.

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Ashley sells Sports Direct stake

2013-02-26 13:26:44| BBC News | Business | UK Edition

Newcastle United owner Mike Ashley sells a 4% chunk of his stake in the retailer he founded, Sports Direct, for 100m.

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HP sells Palm WebOS assets to LG

2013-02-26 12:49:54| BBC News | Business | UK Edition

Electronics giant HP is selling off the code, staff and technology involved in its WebOS software to Korean firm LG.

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