Collective Brands (PSS) Seeking Bids in $20-$22/Share Range

March 29, 2012 5:47 PM EDT
Shares of Collective Brands (NYSE: PSS) are making another after-hours run higher Thursday as Bloomberg is reporting the company is expecting bids in the $20-$22 per share range. The company will want final bids by the end of April.

The stock is around $20.30 after closing at $19.99. Shares rose more than 8 percent during the intraday session following speculation Wednesday night the company was seeing some interest from E-Land.


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