Monday, November 13, 2006

Takeover Chatter On Source Interlink (SORC) Following Founder Resignation

Analysts are talking about a buyout of Source Interlink Companies Inc. (Nasdaq: SORC) again following the abrupt resignation of founder/Chairman/CEO S. Leslie Flegel. In July, the Wall Street Journal reported that private equity buyers were looking at the company. Shares of SORC are off significantly since then.



Post a Comment

<< Home