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Thursday, April 29, 2004
i2 Receives Equity Injections
San Diego-based i2 Technologies reports that it has received equity injections from Q investments and CEO Sanjiv Sidhu. Q has committed $100M and Sidhu $20M to bolster the company's cash position. i2 has been struggling recently and has been showing serious revenue declines, restatements, and an investigation by the SEC for accounting violations.
posted on Thursday, April 29, 2004
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