Nexxus Lighting (NEXS) to Explore Strategic Alternatives; Taps Advisor for Process
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Nexxus Lighting, Inc. (Nasdaq: NEXS) reports it is exploring strategic alternatives available to the company, including a possible sale. The Board of Directors intends to consider the full range of available options. The company also announced that it has engaged Canaccord Genuity to assist in the evaluation of these options.
There can be no assurance that any specific transaction regarding the company or its assets will be pursued or completed. There is no definitive timetable for the process. The company does not intend to disclose developments with respect to the progress of its strategic alternative review process until such time as the Board of Directors approves or completes a transaction(s) or otherwise deems further disclosure appropriate.
There can be no assurance that any specific transaction regarding the company or its assets will be pursued or completed. There is no definitive timetable for the process. The company does not intend to disclose developments with respect to the progress of its strategic alternative review process until such time as the Board of Directors approves or completes a transaction(s) or otherwise deems further disclosure appropriate.
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