SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : OPTI -- Ignore unavailable to you. Want to Upgrade?


To: leigh aulper who wrote (407)2/23/1998 9:07:00 PM
From: leigh aulper  Read Replies (2) | Respond to of 482
 
It has started

OPTi Inc. Retains UBS Securities

MILPITAS, Calif.--(BUSINESS WIRE)--Feb. 23, 1998--OPTi Inc. (NASDAQ/NMS:OPTI) announced today that it has retained UBS Securities to advise the company on evaluating and executing a plan to maximize shareholder value in the near term.

Such plans are expected to involve either the sale of the entire company or the sale of the company's operating businesses and assets accompanied by or followed by the distribution of proceeds to the shareholders. The specific transaction will be determined in the near term following a review of all available alternatives and the appropriate method to maximize short term shareholder value.