UPDATE: InvenSense (INVN) Said Exploring Sale - Reuters

October 28, 2016 3:22 PM EDT

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(Updated - October 28, 2016 3:24 PM EDT)

InvenSense (NYSE: INVN) is exploring strategic alternatives, including a sale, according to Reuters, citing people familiar with the matter.

The company is working with an investment bank to explore options, with interest from Chinese and Japanese companies.

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