UPDATE: Planet Payment Announces Exploration of Strategic Alternatives
PLANET PAYMENT INC (PLPM)
Last planet payment inc earnings: 8/9 07:00 am
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US:NASDAQ Investor Relations:
planetpayment.com/investor-relations
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Source: GlobeNewswire
LONG BEACH, N.Y., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Planet Payment, Inc. (NASDAQ:PLPM), a leading provider of international payment and transaction processing and multi-currency processing services, today announced that its Board of Directors, working together with its management team and legal and financial advisors, has commenced a process to explore and evaluate potential strategic alternatives focused on maximizing shareholder value. These alternatives could include, among other things, the sale of the company, a merger with another party or other strategic transaction or continuing to execute on Planet Payment's stand-alone business plan. "Planet Payment's Board of Directors is committed to fully evaluating appropriate strategic alternatives while simultaneously supporting the company's management and employees in their ongoing efforts to deliver innovative products and outstanding service to our customers," said Carl J. Williams, Chairman and CEO of Planet Payment. "We believ
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