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.
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