InvestorsHub Logo

lecorb

05/29/15 9:26 PM

#11 RE: lecorb #10

Rosetta Stone confirms buyout interest $9/$10 x share.

May 29 2015, 09:39 ET Seeking Alpha

Following a Thursday afternoon Mergermarket report stating the company has received a buyout offer in the $9-$10/share range, Rosetta Stone (NYSE:RST) says its board "has received an expression of interest from RDG Capital Fund Management," and that it will "carefully evaluate" the proposal.
Rosetta, which traded above $10 as recently as early March, reiterates it's "actively implementing its strategic plan, which it believes will deliver attractive value for shareholders."

http://seekingalpha.com/news/2551296-rosetta-stone-confirms-buyout-interest-shares-plus-11_5-percent