SGRP - SPAR drops on signing letter of intent to go private with Highwire Capital
2024-06-05 08:30:40 ET
SPAR Group ( SGRP ) shares shed 11.66% to $2.50 premarket.
"Upon completing a thorough process and analysis over the last 18+ months, we considered a number of alternatives. Working with management, we began a process to dispose of the joint ventures, bring cash back into the business and focus on the U.S. and Canada," Jim Gillis, Chairman of the Board said. ...
SPAR drops on signing letter of intent to go private with Highwire Capital