Wedbush Reiterates Outperform as Outerwall (OUTR) Looks to Maximize Value
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Outerwall To Explore Strategic And Financial Alternatives To Maximize Shareholder Value
March 14, 2016 4:05 PM EDTBELLEVUE, Wash., March 14, 2016 /PRNewswire/ --Â Outerwall Inc. (Nasdaq: OUTR) today announced that its Board of Directors has initiated a process to explore strategic and financial alternatives to maximize shareholder value. Â Outerwall has retained Morgan Stanley & Co. LLC as its financial advisor, and Perkins Coie LLP as its legal advisor to assist in this process.
In addition, the Company today reaffirmed the Board and management team's commitment to managing Outerwall's businesses for profitability and cash flow and focusing on expense... More
