Brief: LGL Says Continuing Evaluation Of Non-Binding Acquisition Proposal

LGL

28/07/2018 24:34

July 27 (Reuters) - LGL Group Inc  LGL.A :
    * LGL CONTINUES THE EVALUATION OF A NON-BINDING ACQUISITION
PROPOSAL; ANNOUNCES PENDING EXPIRATION OF ITS WARRANTS AUGUST 6,
2018
    * BOARD REVIEWING AND EVALUATING PROPOSAL
    * NO DECISIONS HAVE YET BEEN MADE BY BOARD WITH RESPECT TO
PROPOSAL
    * LGL GROUP- IF DEAL IS CONCLUDED, CO'S BOARD MAY DECIDE TO
PURSUE
OTHER STRATEGIC ALTERNATIVES WITH TRANSACTION PROCEEDS AND
BALANCE OF CASH, INVESTMENTS

Source text for Eikon:  ID:nBw8ZD5z5a 
Further company coverage:  LGL.A 

 ((Reuters.Briefs@thomsonreuters.com;))