ServiceMaster to Sell Management Division <b></b>

Downers Grove, Illinois-As it winds down itsrestructuring plan, ServiceMaster Co. said it will sell itsmanagement services unit, which serves institutional customers, toPhiladelphia-based ARAMARK Corp. for $800 million in cash. Themanagement services division employs 18,000 workers and manages aworkforce of 69,000 in health-care and education institutions.

ServiceMaster also said it is winding down certain unprofitableoperations, including its TruGreen LandCare Construction business.-Crain's Chicago Business

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