Software developer Comverse Technology Inc is likely to pursue a sale of Verint Systems Inc , in which it holds a majority stake, the Wall Street Journal reported, citing people familiar with the matter. In a filing with U.S. regulators last week, Verint said that Comverse, which holds a stake of 61.3 percent in the analytics and security software firm, plans to sell about 8 percent of its majority stake and raise up to $72.2 million in the public offering. [ID:nN06129056] People familiar with the matter told the Journal that a potential deal could fetch about $2 billion but that the Comverse board has not made a decision about Verint yet. Comverse, which for years has been tangled up in an options backdating scandal, has a few more financial statements to file to comply with regulatory requirements.
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