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ZAGG spikes 6.4% amid reports that Logitech (LOGI) is in acquisition talks, RANsquawk notes.

ZAGG spikes 6.4% amid reports that Logitech (LOGI) is in acquisition talks, RANsquawk notes.
Comments (4)
  • Capitulator
    , contributor
    Comments (13) | Send Message
     
    If HZO is really being used on one of the Galaxy S4 models, now would be the time for Logitech to buy ZAGG. The potential revenue from ZAGG's 22% stake in HZO might be worth the purchase price of the whole company. With ZAGG's recent earnings guidance miss, the ZAGG board my be growing tired of fooling with it.
    22 May 2013, 01:22 PM Reply Like
  • auppal8000
    , contributor
    Comments (4) | Send Message
     
    hmm..let us see how true that is..
    22 May 2013, 02:02 PM Reply Like
  • auppal8000
    , contributor
    Comments (4) | Send Message
     
    was it pump and dump?
    22 May 2013, 05:00 PM Reply Like
  • Smiling Wolf Capital Manage...
    , contributor
    Comments (35) | Send Message
     
    Damn auppal, it was one day. Truth is, we probably will not know for a while (couple of weeks) as even if the rumor is true, it takes time to negotiate successfully. Even if its not successful, they will likely take several rounds of offer/counter offers before they walk away.

     

    Everyday its out in the press that they do not shoot it down makes me hopeful though :) I for one, would love to see a deal get done.
    22 May 2013, 09:13 PM Reply Like
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