Syntroleum (SYNM -0.8%) comes off a trading halt which followed news it has received unsolicited...


Syntroleum (SYNM -0.8%) comes off a trading halt which followed news it has received unsolicited offers for a potential sale and has hired Piper Jaffray to evaluate interest. Given the favorable commercial environment, SYNM says now is an appropriate time to broadly review its strategic alternatives. Shares had been -9.5% when halted.

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Comments (3)
  • losbronces
    , contributor
    Comments (934) | Send Message
     
    And yet its down 5.8% now. Must be a take under offer.
    26 Jul 2013, 12:52 PM Reply Like
  • arktex
    , contributor
    Comments (5) | Send Message
     
    Yea can't wait to see the offer! $5 cash, that would sum up my 3 year fiasco with this thing...
    26 Jul 2013, 02:32 PM Reply Like
  • JHixon
    , contributor
    Comments (9) | Send Message
     
    This is great news! Get rid of the current management and put Syntroleum's patents in the hands of a proper management team. Personally, I'm hoping the bidder is Renewable Energy Group Inc (REGI).
    26 Jul 2013, 03:21 PM Reply Like
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