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Track Group ( (TRCK) ) has provided an update.
Track Group, Inc. has announced the sale of its Chilean business entity, Track Group Chile, to Inversiones Santa Hortensia for $1 million. This strategic move is part of their plan to enhance their international operations by partnering with local experts, ensuring access to top-tier electronic monitoring technology. The partnership aims to meet future capital needs in Chile and secure procurements, positioning Track Group to better serve the Chilean market with their advanced technology solutions.
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