Pitney Bowes, Inc.

NYSE:PBI   3:59:57 PM EDT
8.11
-0.34 (-4.02%)
4:00:00 PM EDT: $8.09 -0.02 (-0.25%)
Other Pre-Announcement

Pitney Bowes Inc - On May 21, Co, Through Unit, Entered Into Agreement With Grid Dynamics Holdings, Inc. To Sell Its Tacit Knowledge Business

Published: 05/24/2021 10:51 GMT
Pitney Bowes, Inc. (PBI) - Pitney Bowes Inc - on May 21, Co, Through Unit, Entered Into Agreement With Grid Dynamics Holdings, Inc. to Sell Its Tacit Knowledge Business.
Pitney Bowes Inc - Expects to Record a Gain From Tacit Transaction But Does Not Believe Transaction is Material to Co’s Operations.
Pitney Bowes Inc - Gain From Tacit Transaction Will Be Included in GAAP Eps, But It Will Be Excluded From Adjusted Eps.