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Optimus may split Internet and technology operations

The date of the General Shareholders' Meeting of Optimus has been put back, from June 30th to August 20th, amid rumors that the company is to be split into two. Following the announcement of the postponement, unofficial sources are quoted as saying that only the Internet arm of Optimus, with its popular onet portal, will still be listed on the Warsaw Stock Exchange (WSE). The company's technological side, noted for its computer hardware, will be separated and transformed into limited partnerships. This is expected to take place once the entry of ITI Holdings into Optimus has been finalized in June. The company's technological side will then be divided into at least three limited partnerships; one responsible for the servicing, production and distribution of computers, the second dealing with customer sales, and the third specializing in major contracts and integration. However, the transformation process is expected to be so complex that lawyers hold out little hope that it can be completed this year. (Puls Biznesu, p. 4) A.D.

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