Monday August 10, 2015

Opera Up For Sale?

Could Opera be putting itself up for sale after slashing its full year earnings forecast last week?

Opera announced today that its Board of Directors, in response to strategic interest in the Company from a number of parties, has initiated a process to evaluate and consider strategic alternatives for the Company, with the objective of further enhancing shareholder value. The Board of Directors has selected ABG Sundal Collier and Morgan Stanley International to serve as its advisors.The review is expected to conclude in the second half of 2015. Opera will update shareholders and other stakeholders about the outcome of the review in due course.

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