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TechKim

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TechKim

Re: BottomBounce post# 160161

Saturday, 02/25/2017 5:04:45 PM

Saturday, February 25, 2017 5:04:45 PM

Post# of 160314
EGHT HUGE news! Shopping for a buyer.

http://seekingalpha.com/news/3246509-comms-firm-8x8-jumps-9-percent-report-exploring-sale-bankers

Comms firm 8x8 jumps 9% on report it's exploring sale with bankers

Feb. 24, 2017 3:42 PM ET|By: Jason Aycock, SA News Editor
Comms firm 8x8 (NASDAQ:EGHT) has vaulted 9% on reports that it's exploring a sale.

The company is reportedly working with Morgan Stanley to explore the prospect. Reuters cites sources who say 8x8 could sell to another firm or to private equity.

Market cap for 8x8 is now just about $1.45B.

1/2 cent Vancouver penny mooching pirates!

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