real-time news and commentary for investors
Thursday, Sep 26
Blucora on the lookout for acquisition opportunities
- Blucora (BCOR +1%) CEO Bill Ruckelshaus is on the hunt for more M&A opportunities after the company acquired e-commerce company Monoprice in Aug. for $180M in cash.
- He says on Bloomberg Radio, "We are generating a reasonable amount of cash and are thinking opportunistically about where we might put it whether that's back into the businesses we own or against a future acquisition."