Bloomberg: Riverbed hires Goldman, weighing possible sale

|About: Riverbed Technology, Inc. (RVBD)|By:, SA News Editor

The report led Riverbed (RVBD +8.7%) to soar just before the close.

It arrives less than a week after shares took off on news Elliott Associates and various affiliates had obtained a 10.4% stake in the company, while arguing Riverbed can "immediately increase stockholder value by implementing certain value-maximizing operational, capital structure and strategic review initiatives."