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company continues to evolve

posted on Sep 15, 08 12:48PM

With CarBiz selling its software division for $2 million, it shows that management is flexible and is moving on. Its software division was one of its roots but the company has realized it can make a bigger bang for the buck by diverting its resources to subprime loans. Good to see that it showed some flexibility by not holding on to something that was stagnant compared to other opportunities.

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