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Short Take: MicroAge to make up its mind

MicroAge, a Pheonix, Arizona-based reseller, announced that it expects to say what it will do with Pinacor, the company's $5 billion distribution subsidiary, by January 13, 1999. MicroAge has said it will hold an IPO, sell the division, or keep it as a separate subsidiary, according to a spokeswoman. The potential Pinacor spin-off comes amid consolidation and financial downturns in the PC distribution industry.

Michael Kanellos Staff Writer, CNET News.com
Michael Kanellos is editor at large at CNET News.com, where he covers hardware, research and development, start-ups and the tech industry overseas.
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Michael Kanellos
MicroAge, a Pheonix, Arizona-based reseller, announced that it expects to say what it will do with Pinacor, the company's $5 billion distribution subsidiary, by January 13, 1999. MicroAge has said it will hold an IPO, sell the division, or keep it as a separate subsidiary, according to a spokeswoman. The potential Pinacor spin-off comes amid consolidation and financial downturns in the PC distribution industry.