GREY:CLRYF - Post by User
Post by
QUANTUMJUMPon Dec 31, 2017 8:40pm
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Post# 27255705
KBW
KBW OCT - The board authorized the creation of a strategic alternatives committee empowered to engage outside advisors, including but limited to considering, evaluating, negotiating and implementing: joint ventures, strategic investors, sale of the Company, mergers and acquisitions.
“Considering the unsolicited approaches we are receiving from interested parties, we consider it important to commence this strategic alternative review now,” said Shane Copeland, CEO of Clarocity
DEC- KBW has been hired ( note a well connected. well respected. well connected in the sector investment bank)
KBW has been engaged to provide certain financial advisory services to the Strategic Alternatives Committee in connection with certain potential strategic transactions.
Sorry buddy CLY will be sold