Market Overview

Overstock CEO Says Company's Retail Business Has Multiple Suitors

Overstock CEO Says Company's Retail Business Has Multiple Suitors, Inc. (NASDAQ: OSTK)'s efforts to sell its retail business have intensified, said CEO Patrick Byrne, according to CNN Business.

"Two very attractive acquirers that I would have put high up on my list have shown up," Byrne told CNN Thursday at the Fortune Brainstorm Finance conference in New York.

Overstock shares were up 11.88% at $11.21 at the time of publication Friday. 

Related Links:

Overstock In Talks To Potentially Digitize Liberian Government Services

Intrexon CEO Made Big Open-Market Bets In May

Photo courtesy of Overstock. 

Posted-In: CNN BusinessM&A News Asset Sales Media Best of Benzinga


Related Articles (OSTK)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

High Risk? Cannabis Sector's Legal Conflict Puts Investors In Haze

Aurora Cannabis Confirms Plans For Consumer Products In Canada