1-Page sells US business | Business News – Australia News

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Listed company 1-Page is looking for new ways to spend its $26 million cash balance after selling its US technology business, which lost about $45 million over three years.

1-Page announced today it had sold recruitment-focused software business One-Page Company Inc for $US1, with the unnamed buyer also taking over all liabilities.

The directors said the sale of the business and associated liabilities for a nominal sum was in the best interests of shareholders.

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