INYX Inc. (IYXI.ob)–Another take-over?

Late on Friday IYXI announced that management and some outside investors have approached the Board of Directors about a “going private” transaction.

Hmmmm. Not sure if this is good news or not. No price was mentioned so who knows at this point. The group says it “intends to make an offer that it believes will be in the best interests of all Inyx shareholders”. We will see.

Hold. Hopefully we will see some action on Monday.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s