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SHOR - Shoretel Inc News Story

$7.5 0.0  0.0%

Last Trade - 22/09/17

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £274.5m
Position in Universe th / 6401

BRIEF-Shoretel explores sale among other strategic options

Thu 4th August, 2016 9:39pm
Aug 4 (Reuters) - Shoretel Inc  SHOR.O  
    * Says committee to advise board in evaluating a range of 
strategic alternatives 
    * Says alternatives to be evaluated will include, but not be 
limited to a company sale, divestiture or acquisition of assets 
    * Retained J.P. Morgan Securities LLC as financial advisor 
and Fenwick & West LLP as its legal counsel to assist in this 
review process 
    * Says with Bowen's appointment, shoretel's board has 
increased to nine members, eight of whom are independent 
    * Says strategic advisory committee formed to review 
strategic alternatives 
    * Marjorie Bowen has been appointed to board of directors 
and will serve as a member of previously formed strategic 
advisory committee 
Source text for Eikon:  ID:nPn1scvSya  
Further company coverage:  SHOR.O  
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