Entries tagged "Paltalk"
The online video chat startup returns an investment to Softbank, plus dividends.
A few days after receiving a due diligence request from hedge fund Harbinger Capital Partners, small appliance maker Salton Inc. said Monday that it has formed a special committee of its board of directors and retained Houlihan Lokey Howard & Zukin Capital Inc. to advise it on “strategic alternatives to enhance shareholder value,” citing “the consolidation in the small household appliance market and recent expressions of interest by third parties.” For those who can't read between the lines, the maker of the George Foreman grill is clearly taking Harbinger's unsolicited interest seriously. The announcement came three days after Harbinger, which...