Key McDonald's technology vendor sold by distressed parent

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OAK BROOK Ill. Just what the change of ownership at an important McDonald's Corp. software supplier last month means to the fast-food giant's bid to standardize restaurant technology worldwide, if anything, is as of yet unclear.

Torex Hospitality, based here, whose NewPOS point-of-sale-system software has a starring role in McDonald's standardization effort, was sold in mid June by its financially troubled parent, Torex Retail PLC of Banbury, Engla

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