Conduent shares rise premarket after company agrees to sell Public Transit business to Modaxo for $164M to streamline portfolio and strengthen balance sheet

Conduent (CNDT) has entered into a definitive agreement to sell its Public Transit business, an operating unit of Conduent Transportation, to Mo...

Conduent to Sell Public Transit and Fare Collection Business for $164M; Modaxo to Buy Conduent's Public Transit Business

Conduent shares rise premarket after company agrees to sell Public Transit business to Modaxo for $164M to streamline portfolio and strengthen balance sheet