Overstock CEO Says Company's Retail Business Has Multiple Suitors
Overstock.com, 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.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: CNN BusinessM&A News Asset Sales Media Best of Benzinga