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PURE Bioscience to sell water treatment business, Praxair reports on new agreement and Sionix announce new strategic initiatives.

Publication: M2 Presswire
Publication Date: 28-NOV-03
Format: Online - approximately 545 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 November 2003-World View Research: PURE Bioscience to sell water treatment business, Praxair reports on new agreement and Sionix announce new strategic initiatives(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:11282003

PURE Bioscience (Nasdaq: PURE) recently announced that it has signed the definitive agreement to sell its water treatment business to Data Recovery Continuum, Inc., a Delaware corporation based in California, for $2.75 million in cash plus up to $1.25 million in deferred payments over the next year. The Company is also selling...

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