Overstock CEO Says Company's Retail Business Has Multiple Suitors

Overstock.com, Inc. 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. 

Market News and Data brought to you by Benzinga APIs
Posted In: M&ANewsAsset SalesMediaCNN Business
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...