PAR Technology Corporation Announces Sale of Wholly Owned Subsidiaries PAR Government Systems Corporation and Rome Research Corporation
PAR announced it has completed the sale of 100% of the issued and outstanding equity interests of PGSC to
PAR has also entered into a definitive acquisition agreement to sell RRC to
“Today’s announcement represents a milestone in advancing PAR’s goal to become the world’s largest technology provider to enterprise foodservice,” commented
Baird and
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For more than 40 years, PAR Technology’s (NYSE: PAR) cutting-edge products and services have helped bold and passionate restaurant brands build lasting guest relationships. We are the partner enterprise restaurants rely on when they need to serve amazing moments from open to close, during the most hectic rush hours, and when the world forces them to adapt and overcome. More than 95,000 restaurants in more than 110 countries use PAR’s restaurant hardware, software, loyalty, drive-thru, and back-office solutions. To learn more, visit www.partech.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.
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cbyrnes@partech.com, www.partech.com
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