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PPD Explores Sale

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Private equity purchased PPD which is probably good news for the city (this should preserve more of a local presence than a purchase by a competitor would have).

The Star News is however hot upbeat about prospects: http://www.starnewsonline.com/article/20111003/ARTICLES/111009958/1177?Title=Update-PPD-sale-good-for-shareholders-not-necessarily-for-city-finance-expert-says

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