CONN’S, Inc. (CONN) Explores Sale; Adopts Poison Pill

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Mani
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CONN’S, Inc. (NASDAQ:CONN), a specialty retailer of durable consumer goods, said it will explore a full range of strategic alternatives including a sale of the company to enhance its shareholder value. The retailer’s CEO emphasized, however, that the company has ample capital and liquidity to execute its business plan. Explore strategic alternatives The electronics and home appliance retailer CONN’S, Inc. (NASDAQ:CONN) said its board authorized its management to explore a full range of strategic alternatives including, but not limited to, a sale of the company, separating its retail and credit businesses or slowing store openings and returning capital to investors. The…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports