Restructure sees Feedback Plc positioned for growth

By Andrew Scott / April 19, 2018 / www.proactiveinvestors.co.uk / Article Link

Alastair Riddell, chairman of Feedback plc (LON:FDBK), tells Proactive's Andrew Scott they've merged two of their subsidiaries as part of plans to restructure and simplify the business.

Feedback snapped up Cambridge Computed Imaging and TexRAD back in 2014 and both have been operating as wholly-owned subsidiaries ever since.

But after a strategic review, CCI is to be renamed as Feedback Medical and will house the employees of both CCI and TexRAD which will become dormant.

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