ITG Selling Research Unit as Third-Quarter Revenue Falls 11%By and
Company's sales declined to $120 million in the third quarter
Warburg Pincus agrees to buy its energy research group
Investment Technology Group Inc., struggling to recover after paying a record penalty to regulators and replacing its chief executive officer, announced it had found a buyer for its Calgary-based research group as it reported a drop in revenue and profit in the latest quarter.
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