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LTRE Market Chatter: Learning Tree Gets Buyout Offer

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MiamiGent Member Level  Monday, 09/17/12 10:54:13 PM
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LTRE Market Chatter: Learning Tree Gets Buyout Offer from CEO; Shares Jump 21%
BY MidnightTrader 12:56 PM ET 09/17/2012

http://stockcharts.com/h-sc/ui?s=LTRE

Shares of Learning Tree (LTRE) have spiked 21% to $5.14 and have touched a day high $5.50 as SeekingAlpha reported that the education and training services company received a buyout offer from CEO David Collins and interested parties for $5.25 a share. A letter to the board proposes a two-step merger.

LTRE shares have a 52-week range of $4.00 - $9.00.

Price: 5.14, Change: +0.89, Percent Change: +20.94



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