Progressive Gaming Retains Investment Bank to Assist Company with Review of Strategic Alternatives
Progressive Gaming International Corporation (NASDAQ: PGICD) announced today that the Board of Directors of the Company has engaged Roth Capital Partners, LLC to assist the Company in reviewing strategic alternatives intended to enhance shareholder value. The Company expects to consider and evaluate available alternatives during the strategic review process including, but not limited to, the sale of the Company.
The Company has not set any timetable for the conclusion of this strategic review and does not intend to comment further publicly with respect to this process unless or until a specific alternative is approved by its Board of Directors. There can be no assurance that the review process will result in the announcement or consummation of any sale or other transaction.
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