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NewsDesk
divine, inc., (Nasdaq: DVIN), a provider of solutions for the extended enterprise, announced that despite efforts over the past several months to minimize operating expenses and various liabilities, its board of directors has determined that it must seek alternatives to protect the value and viability of its operations. As a result, divine has engaged Broadview International LLC as advisors to assist in exploring strategic options, which may include asset divestitures, comparable transactions, and/or the filing of a voluntary petition under Chapter 11 of the United States Bankruptcy Code. divine is currently involved in active discussions regarding the potential sale of several businesses or strategic assets. There can be no assurance that these discussions will be successful, and divine’s board of directors has not yet granted final approval of any of these alternatives.

About divine, inc.
divine, inc., (Nasdaq: DVIN) is focused on extended enterprise solutions. Through professional services, software services, and managed services, divine extends business systems beyond the edge of the enterprise throughout the entire value chain, including suppliers, partners and customers. divine offers single-point accountability for end-to-end solutions that enhance profitability through increased revenue, productivity, and customer loyalty. The company provides expertise in collaboration, interaction, and knowledge solutions that enlighten, empower, and extend enterprise systems.

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