Wednesday, May 16, 2007

WCI shares rise on company's statement of sale interest

(Reuters) - WCI said it has entered into confidentiality agreements with a number entities expressing interest in buying WCI.

"While it is still early in this process, your Board continues to believe that a superior alternative to Carl Icahn's offer could emerge that would provide you and all shareholders with greater value than $22 per share," the company said.


Read more at Reuters.com Mergers News

No comments: