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Pitney Bowes


today disclosed plans to transfer its transportation management software and some engineering assets to

Vertex Interactive


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in exchange for a 4.5% stake in the supply chain software company.

Shares of Pitney Bowes, a maker of office and mailing equipment, lost 8 cents, or 0.2%, to end

New York Stock Exchange

trading at $34.90. Vertex ended the regular


session at $7.63, down 50 cents on the day.