"We have not received any proposals or engaged in any form of discussions, preliminary or otherwise, regarding a possible sale of the company or a management-led buy-out," Stockert says in a prepared statement. "Any reports to the contrary are inaccurate."
Stockert says he addressed the issue because "we believe we must respond to recent media reports speculating that we are considering a sale of the company...It is our normal policy not to comment on market rumors regarding the company."
GlobeSt.com reported those rumors Nov. 7. At that time, Stockert neither confirmed nor denied their accuracy. He said the issue would be reviewed at a Nov. 12 directors' meeting.
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