Lin TV (TVL Quote) surged 14% after saying it hired JPMorgan to consider strategic alternatives, including a possible sale.
"No decision has been made to sell the company at this time," the Providence, R.I.-based TV station operator said. "The company emphasizes that it is unable to predict if this review of strategic alternatives will result in any transaction." Shares rose $2.42 to $19.13.- Loading Comments...
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