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.