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Bullboard - Stock Discussion Forum Engagement Labs ELBSF

Engagement Labs Inc operates in the segment of intelligent data, analytics, and insights for marketers and organizations to track, measure and benchmark the conversations happening around their brand or industry, both online and offline. Its Solutions include TotalSocial, which is a data and analytics platform that provides brands with unique insights, improved marketing ROI, and strategies to... see more

OTCPK:ELBSF - Post Discussion

Engagement Labs > News: Strategic Review & Possible Takeover
View:
Post by kulewater on Aug 02, 2019 5:27pm

News: Strategic Review & Possible Takeover

Engagement Labs Engages New York-based Investment Bank to Consider the Company's Strategic Alternatives
 
NEW BRUNSWICK, N.J. and MONTREAL, Aug. 2, 2019 /CNW/ -- Engagement Labs Inc. (TSXV: EL), announced today that the Company had received unsolicited expressions of interest with respect to the possible strategic investment in or acquisition of the Company, and in light of this has engaged a New York-based investment bank to work with the Board of Directors to consider its strategic alternatives which may include taking on a strategic investor, the sale of the Company and/or some or all of its assets. There is no assurance that any material decisions will be made as a consequence of this process.
 
About Engagement Labs
Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.
 
To learn more visit www.engagementlabs.com 
 
Neither TSX Venture Exchange nor IIROC accepts responsibility for the adequacy or accuracy of this release.
 
For inquiries please contact:
Ed Keller, CEO
Engagement Labs
ed.keller@engagementlabs.com
Comment by traderguy5000 on Aug 02, 2019 11:21pm
But if they want to buy EL, are they looking to steal it? Keller has repeatedly stated EL should be trading at several times its current price, in the not too distant future. Somehow, I don't think the suitor is thinking 50 cents. If they are, I'll take it!