GREY:NOVUF - Post by User
Post by
Pokerchampon May 28, 2013 8:04am
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Post# 21448971
Q1 News - sale process continues
Q1 News - sale process continues https://web.tmxmoney.com/article.php?newsid=60472539&qm_symbol=NVS
VALUE OPTIMIZATION PROCESS
On December 4, 2012, Novus announced that it had retained financial advisors to assist the Special Committee of the Board of Directors in exploring and evaluating a broad range of options to optimize shareholder value. Technical presentations commenced during the third week of January 2013 for interested and qualified parties who have entered into a confidentiality agreement with Novus. The Company does not intend to disclose future developments with respect to the process unless and until the Board of Directors has approved a specific transaction or otherwise determines that disclosure is appropriate or required.