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-0.000560224089635942 -0.00224089635854337 0.003921568627451 0.011204481792717 0.003921568627451 0.0224089635854341 0.0134453781512604 0.00952380952380942
Stock impact report

Par Tech faces investor pressure [Yahoo! Finance]

PAR Technology Corporation (PAR) 
Last par technology corporation earnings: 3/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: partech.com/about-us/investors
Company Research Source: Yahoo! Finance
Par Technology, which provides point-of-sale software and payments processing, is the latest payments player to come under pressure from a shareholder urging a sale of the company. The New Hartford, New York -based Par Tech should consider a sale of the company, given the “ indiscriminate bludgeoning” that software stock prices have experienced, investment firm Voss Capital said in an open letter to the company last week attached to a press release Voss Capital, one of Par's largest shareholders with a 13.2% stake, told the company's board on Wednesday that it should immediately “explore a full range of strategic alternatives,” pointing to recent acquisitions of companies in the restaurant technology arena. The Houston-based investment firm explained that it believes Par's business catering to retail and restaurant companies at the intersection of software and data is an undervalued asset, vis-a-vis the public stock market. Further, the drop in Par Tech's stock price has robbed Show less Read more
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