When a company sells part of its business it always leaves me uneasy. If that business is no good, why did they have it in the first place? But if it’s good enough that someone else is happy to pay money for it, why not keep it and make the most of it?
I recently wrote about the lessons investors could learn from the Invox (LSE: INX) debacle. Well, Invox is in my sights again, because it’s selling what used to be its core business, called Home Gaming. In a complicated deal, another listed company, DM (LSE: DMP) is picking it up….